£185,303
This estimated value is based upon the latest sale price for the house of £150,000 on 28 Jan 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £150,000 | 28 Jan 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 61 sq meters or 656 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 January 2019 the House Price Index for GREATER MANCHESTER was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.536%.Applying this 23.536% change to the original purchase price of £150,000 results in an estimated price of approximately £185,303.
| 28 Jan 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.536 % | £150,000 | £35,303 | £185,303 |
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 | 11.908 % | £17,862 | £167,862 |
| 3 Month Average | 29.777 % | £44,665 | £194,665 |
| 6 Month Average | 24.337 % | £36,505 | £186,505 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £279,897 | £275,000 | 9 WEMBLEY CLOSE |
| 20 Mar 2023 | £217,904 | £215,851 | 23 CULVER ROAD |
| 30 Nov 2022 | £177,846 | £180,000 | 12 WEMBLEY CLOSE |
| 19 Aug 2022 | £179,517 | £180,000 | 3 NESTON GROVE |
| 1 Jun 2022 | £216,053 | £213,000 | 4 WHITELEA DRIVE |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 15 May 2013. Using an estimated price of £185,303 means this house is valued at £3,037 per sq meter (£282 per sq foot).
The average size of a house on ARNFIELD ROAD is 108 sq meters (1,166 sq feet).
This house is the smallest in the street with a floor area of 61 sq meters (656 sq feet).