£270,622
This estimated value is based upon the latest sale price for the house of £215,000 on 14 Feb 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £215,000 | 14 Feb 2018 |
| Detached |
| Freehold |
| Floor Area: 77 sq meters or 828 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 February 2018 the House Price Index for GREATER MANCHESTER was 118.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.871%.Applying this 25.871% change to the original purchase price of £215,000 results in an estimated price of approximately £270,622.
| 14 Feb 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 149.7 | 25.871 % | £215,000 | £55,622 | £270,622 |
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 | 35.066 % | £75,392 | £290,392 |
| 3 Month Average | 57.885 % | £124,453 | £339,453 |
| 6 Month Average | 44.419 % | £95,499 | £310,499 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Apr 2023 | £229,187 | £224,900 | 7 EASTCOTE ROAD |
| 6 Jan 2023 | £345,924 | £345,000 | 59 THREE ACRES DRIVE |
| 21 Sep 2022 | £209,860 | £210,000 | 1 EASTCOTE ROAD |
| 28 Apr 2022 | £285,291 | £275,000 | 14 THREE ACRES DRIVE |
| 27 Nov 2020 | £207,893 | £178,000 | 49 EASTCOTE ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 17 Jan 2013. Using an estimated price of £270,623 means this house is valued at £3,514 per sq meter (£326 per sq foot).
The average size of a house on EASTCOTE ROAD is 68 sq meters (738 sq feet).