£190,517
This estimated value is based upon the latest sale price for the house of £50,000 on 12 May 2000. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £50,000 | 12 May 2000 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 May 2000 the House Price Index for GREATER MANCHESTER was 39.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 281.036%.Applying this 281.036% change to the original purchase price of £50,000 results in an estimated price of approximately £190,517.
| 12 May 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 39.3 | 149.7 | 281.036 % | £50,000 | £140,517 | £190,517 |
The Postcode Pricing Model uses changes in average sales price within the SK5 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 | 359.071 % | £179,535 | £229,535 |
| 3 Month Average | 359.841 % | £179,920 | £229,920 |
| 6 Month Average | 371.690 % | £185,845 | £235,845 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £332,326 | £325,000 | 51 BIRKDALE ROAD |
| 23 Jun 2023 | £206,131 | £202,000 | 37 GAIR ROAD |
| 7 Mar 2023 | £266,958 | £262,500 | 42 FAIRFORD WAY |
| 24 Jan 2023 | £280,750 | £280,000 | 41 BIRKDALE ROAD |
| 10 Oct 2022 | £189,368 | £190,000 | 29 COLWYN CRESCENT |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 28 Aug 2020. Using an estimated price of £190,518 means this house is valued at £2,093 per sq meter (£194 per sq foot).
The average size of a house on COLWYN CRESCENT is 69 sq meters (745 sq feet).