£115,184
This estimated value is based upon the latest sale price for the house of £80,000 on 18 Aug 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£80,000 | 18 Aug 2015 |
Semi-Detached |
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 August 2015 the House Price Index for GREATER MANCHESTER was 104.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 43.981%.Applying this 43.981% change to the original purchase price of £80,000 results in an estimated price of approximately £115,184.
18 Aug 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
104.0 | 149.7 | 43.981 % | £80,000 | £35,184 | £115,184 |
The Postcode Pricing Model uses changes in average sales price within the SK16 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 | 28.619 % | £22,895 | £102,895 |
3 Month Average | 50.182 % | £40,145 | £120,145 |
6 Month Average | 54.238 % | £43,390 | £123,390 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Sep 2024 | £320,000 | £320,000 | 240 CHEETHAM HILL ROAD |
27 Oct 2023 | £184,183 | £180,000 | 41 CHESTER AVENUE |
16 Oct 2023 | £163,718 | £160,000 | 69 CHESTER AVENUE |
29 Sep 2023 | £388,566 | £380,000 | 182 CHEETHAM HILL ROAD |
22 Sep 2023 | £88,450 | £86,500 | 113A CHESTER AVENUE |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 17 Jul 2015. Using an estimated price of £115,185 means this house is valued at £1,265 per sq meter (£117 per sq foot).
The average size of a house on CHESTER AVENUE is 83 sq meters (902 sq feet).