£347,382
This estimated value is based upon the latest sale price for the house of £320,000 on 24 Sep 2021. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £320,000 | 24 Sep 2021 |
| £178,000 | 28 Apr 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 77 sq meters or 828 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 September 2021 the House Price Index for GREATER MANCHESTER was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £320,000 results in an estimated price of approximately £347,382.
| 24 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £320,000 | £27,382 | £347,382 |
The Postcode Pricing Model uses changes in average sales price within the SK3 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 | -3.626 % | £-11,602 | £308,397 |
| 3 Month Average | 10.456 % | £33,457 | £353,457 |
| 6 Month Average | 2.716 % | £8,692 | £328,692 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £242,450 | £235,000 | 10 AINTREE GROVE |
| 16 Jun 2023 | £234,703 | £230,000 | 17 AINTREE GROVE |
| 29 Mar 2023 | £264,416 | £260,000 | 1 ROSEFIELD CLOSE |
| 29 Mar 2023 | £91,529 | £90,000 | 3 ROSEFIELD CLOSE |
| 28 Oct 2022 | £475,910 | £477,500 | 84 GARNERS LANE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 7 Feb 2017. Using an estimated price of £347,382 means this house is valued at £4,511 per sq meter (£419 per sq foot).
The average size of a house on ROSS AVENUE is 90 sq meters (974 sq feet).