£248,599
This estimated value is based upon the latest sale price for the house of £230,000 on 28 Jun 2021. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£230,000 | 28 Jun 2021 |
£146,000 | 14 Nov 2016 |
£41,000 | 19 Dec 1997 |
Semi-Detached |
Leasehold |
Floor Area: 71 sq meters or 764 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 June 2021 the House Price Index for GREATER MANCHESTER was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £230,000 results in an estimated price of approximately £248,599.
28 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 149.7 | 8.087 % | £230,000 | £18,599 | £248,599 |
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 | -7.860 % | £-18,077 | £211,922 |
3 Month Average | -2.429 % | £-5,585 | £224,414 |
6 Month Average | 0.846 % | £1,946 | £231,946 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 May 2024 | £178,000 | £178,000 | 63 SWYTHAMLEY ROAD |
15 Mar 2024 | £261,010 | £257,000 | 46 CRICCIETH ROAD |
4 Mar 2024 | £208,199 | £205,000 | 50 CRICCIETH ROAD |
20 Dec 2023 | £272,885 | £264,500 | 13 CRICCIETH ROAD |
18 Dec 2023 | £221,816 | £215,000 | 12 CRICCIETH ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 9 May 2016. Using an estimated price of £248,599 means this house is valued at £3,501 per sq meter (£325 per sq foot).
The average size of a house on CRICCIETH ROAD is 89 sq meters (959 sq feet).