£275,630
This estimated value is based upon the latest sale price for the house of £163,500 on 21 May 2013. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £163,500 | 21 May 2013 |
| Detached |
| Leasehold |
| Floor Area: 80 sq meters or 861 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 2013 the House Price Index for GREATER MANCHESTER was 88.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.581%.Applying this 68.581% change to the original purchase price of £163,500 results in an estimated price of approximately £275,630.
| 21 May 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 149.7 | 68.581 % | £163,500 | £112,130 | £275,630 |
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 | 81.240 % | £132,826 | £296,326 |
| 3 Month Average | 107.145 % | £175,182 | £338,682 |
| 6 Month Average | 109.442 % | £178,937 | £342,437 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £283,718 | £275,000 | 9 WEMBLEY CLOSE |
| 8 Sep 2023 | £332,326 | £325,000 | 13 CLOVER AVENUE |
| 30 Jun 2023 | £290,828 | £285,000 | 7 BUTTERCUP DRIVE |
| 22 Jun 2023 | £295,930 | £290,000 | 5 LILY CLOSE |
| 30 Nov 2022 | £179,162 | £180,000 | 12 WEMBLEY CLOSE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 11 Apr 2013. Using an estimated price of £275,630 means this house is valued at £3,445 per sq meter (£320 per sq foot).
The average size of a house on CLOVER AVENUE is 83 sq meters (897 sq feet).