£1,691,073
This estimated value is based upon the latest sale price for the house of £278,000 on 4 Oct 2023. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £278,000 | 4 Oct 2023 |
| £220,000 | 18 May 2017 |
| Terraced |
| Leasehold |
| Floor Area: 69 sq meters or 742 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 October 2023 the House Price Index for GREATER MANCHESTER was 24.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 508.300%.Applying this 508.300% change to the original purchase price of £278,000 results in an estimated price of approximately £1,691,073.
| 4 Oct 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 148.6 | 508.300 % | £278,000 | £1,413,073 | £1,691,073 |
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 | 17.196 % | £47,805 | £325,805 |
| 3 Month Average | 9.782 % | £27,194 | £305,194 |
| 6 Month Average | -6.599 % | £-18,346 | £259,653 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Mar 2024 | £130,000 | £130,000 | 52C HEATON MOOR ROAD |
| 4 Mar 2024 | £82,000 | £82,000 | 52D HEATON MOOR ROAD |
| 15 Dec 2023 | £580,151 | £570,000 | 12 MOORFIELD GROVE |
| 13 Apr 2023 | £358,864 | £355,000 | 11 PORTLAND GROVE |
| 24 Mar 2023 | £227,140 | £225,000 | 52A HEATON MOOR ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 3 Feb 2017.
The average size of a house on BIRCH AVENUE is 94 sq meters (1,017 sq feet).
This house is the largest in the street with a floor area of 69 sq meters (742 sq feet).