£316,193
This estimated value is based upon the latest sale price for the house of £310,000 on 27 Sep 2024. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £310,000 | 27 Sep 2024 |
| £193,000 | 23 Nov 2007 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 2024 the House Price Index for GREATER MANCHESTER was 100.1.
The House Price Index as of 1 Jan 2025 is 102.1 which is a change of 1.998%.Applying this 1.998% change to the original purchase price of £310,000 results in an estimated price of approximately £316,193.
| 27 Sep 2024 | 1 Jan 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.1 | 102.1 | 1.998 % | £310,000 | £6,193 | £316,193 |
The Postcode Pricing Model uses changes in average sales price within the SK2 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 | -1.028 % | £-3,187 | £306,812 |
| 3 Month Average | 2.489 % | £7,714 | £317,714 |
| 6 Month Average | 3.089 % | £9,577 | £319,577 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2024 | £252,973 | £250,000 | 204 SHEARWATER ROAD |
| 27 Sep 2024 | £316,194 | £310,000 | 34 LOWER FIELD DRIVE |
| 6 Sep 2024 | £254,944 | £249,950 | 33A BEAN LEACH ROAD |
| 30 Aug 2024 | £307,222 | £300,000 | 33 FULMAR DRIVE |
| 3 May 2023 | £456,545 | £440,000 | 2 BEAN LEACH DRIVE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 4 Mar 2015. Using an estimated price of £316,194 means this house is valued at £3,903 per sq meter (£362 per sq foot).
The average size of a house on LOWER FIELD DRIVE is 90 sq meters (974 sq feet).