£227,272
This estimated value is based upon the latest sale price for the house of £190,000 on 25 Sep 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £190,000 | 25 Sep 2020 |
| £145,000 | 27 Feb 2015 |
| Terraced |
| Freehold |
| Floor Area: 64 sq meters or 688 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 2020 the House Price Index for GREATER MANCHESTER was 125.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 19.617%.Applying this 19.617% change to the original purchase price of £190,000 results in an estimated price of approximately £227,272.
| 25 Sep 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 149.7 | 19.617 % | £190,000 | £37,272 | £227,272 |
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 | -2.625 % | £-4,987 | £185,012 |
| 3 Month Average | 23.234 % | £44,145 | £234,145 |
| 6 Month Average | 25.213 % | £47,904 | £237,904 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £206,131 | £202,000 | 37 GAIR ROAD |
| 7 Mar 2023 | £266,958 | £262,500 | 42 FAIRFORD WAY |
| 10 Oct 2022 | £189,368 | £190,000 | 29 COLWYN CRESCENT |
| 26 Aug 2022 | £336,574 | £335,000 | 45 COLWYN CRESCENT |
| 22 Aug 2022 | £268,254 | £267,000 | 22 FAIRFORD WAY |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 17 Oct 2014. Using an estimated price of £227,272 means this house is valued at £3,551 per sq meter (£329 per sq foot).
The average size of a house on COLWYN CRESCENT is 69 sq meters (745 sq feet).