£734,392
This estimated value is based upon the latest sale price for the house of £475,000 on 30 May 2014. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £475,000 | 30 May 2014 |
| £250,000 | 12 Sep 2008 |
| Semi-Detached |
| Leasehold |
| Floor Area: 365 sq meters or 3,928 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 May 2014 the House Price Index for GREATER MANCHESTER was 96.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 54.609%.Applying this 54.609% change to the original purchase price of £475,000 results in an estimated price of approximately £734,392.
| 30 May 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 148.6 | 54.609 % | £475,000 | £259,392 | £734,392 |
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 | -21.749 % | £-103,308 | £371,691 |
| 3 Month Average | 58.349 % | £277,157 | £752,157 |
| 6 Month Average | 48.637 % | £231,026 | £706,026 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2023 | £572,318 | £565,000 | 68 DOWNHAM ROAD |
| 17 Jul 2023 | £349,707 | £345,000 | 302 MANCHESTER ROAD |
| 1 Mar 2023 | £444,185 | £440,000 | 22 ST LEONARDS ROAD |
| 8 Sep 2022 | £307,517 | £310,000 | 30 DOWNHAM ROAD |
| 4 Jul 2022 | £245,661 | £245,000 | 335 MANCHESTER ROAD |
This house has a floor area of 365 sq meters or 3,928 sq feet when measured on 3 Mar 2014. Using an estimated price of £734,392 means this house is valued at £2,012 per sq meter (£186 per sq foot).
The average size of a house on MANCHESTER ROAD is 111 sq meters (1,203 sq feet).
This house is the largest in the street with a floor area of 365 sq meters (3,928 sq feet).