£976,644
This estimated value is based upon the latest sale price for the house of £750,000 on 25 Apr 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£750,000 | 25 Apr 2017 |
Semi-Detached |
Freehold |
Floor Area: 266 sq meters or 2,863 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER MANCHESTER to estimate the market value.
When this house was purchased in April 2017 the House Price Index for GREATER MANCHESTER was 115.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.219%.Applying this 30.219% change to the original purchase price of £750,000 results in an estimated price of approximately £976,644.
25 Apr 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
115.0 | 149.7 | 30.219 % | £750,000 | £226,644 | £976,644 |
The Postcode Pricing Model uses changes in average sales price within the SK4 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 40.213 % | £301,598 | £1,051,598 |
3 Month Average | 40.915 % | £306,861 | £1,056,861 |
6 Month Average | 36.857 % | £276,426 | £1,026,426 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Aug 2023 | £359,484 | £353,000 | 5 BEAMINSTER CLOSE |
20 Feb 2023 | £956,389 | £950,000 | 36 MAULDETH ROAD |
4 Nov 2022 | £1,612,460 | £1,620,000 | 18 MAULDETH CLOSE |
10 Jun 2022 | £788,863 | £772,000 | 43 MAULDETH ROAD |
29 Mar 2022 | £964,072 | £923,500 | 27 PRIESTNALL ROAD |
This house has a floor area of 266 sq meters or 2,863 sq feet when measured on 16 Sep 2016. Using an estimated price of £976,644 means this house is valued at £3,671 per sq meter (£341 per sq foot).
The average size of a house on PRIESTNALL ROAD is 219 sq meters (2,366 sq feet).
This house is the largest in the street with a floor area of 266 sq meters (2,863 sq feet).