£273,681
This estimated value is based upon the latest sale price for the house of £220,000 on 26 Sep 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £220,000 | 26 Sep 2018 |
| £179,950 | 30 Nov 2006 |
| £74,000 | 31 Mar 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,003 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 2018 the House Price Index for GREATER MANCHESTER was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.401%.Applying this 24.401% change to the original purchase price of £220,000 results in an estimated price of approximately £273,681.
| 26 Sep 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.401 % | £220,000 | £53,681 | £273,681 |
The Postcode Pricing Model uses changes in average sales price within the SK2 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 | 14.329 % | £31,523 | £251,523 |
| 3 Month Average | 24.943 % | £54,873 | £274,873 |
| 6 Month Average | 30.587 % | £67,291 | £287,291 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Apr 2024 | £269,843 | £267,500 | 10 SOUTHWOOD ROAD |
| 21 Nov 2023 | £143,646 | £140,000 | 1 PARTRIDGE COURT |
| 21 Apr 2023 | £259,860 | £255,000 | 69 CLAREMONT ROAD |
| 6 Apr 2023 | £154,897 | £152,000 | 63 SOUTHWOOD ROAD |
| 3 Mar 2023 | £78,599 | £77,286 | 49 SOUTHWOOD ROAD |
This house has a floor area of 93 sq meters or 1,003 sq feet when measured on 7 Jan 2009. Using an estimated price of £273,681 means this house is valued at £2,934 per sq meter (£272 per sq foot).
The average size of a house on SOUTHWOOD ROAD is 103 sq meters (1,113 sq feet).