£428,178
This estimated value is based upon the latest sale price for the house of £342,550 on 24 Jan 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£342,550 | 24 Jan 2018 |
Semi-Detached |
Freehold |
Floor Area: 99 sq meters or 1,065 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 2018 the House Price Index for GREATER MANCHESTER was 118.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 24.997%.Applying this 24.997% change to the original purchase price of £342,550 results in an estimated price of approximately £428,178.
24 Jan 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.4 | 148.0 | 24.997 % | £342,550 | £85,628 | £428,178 |
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 | -34.702 % | £-118,872 | £223,677 |
3 Month Average | 8.522 % | £29,190 | £371,740 |
6 Month Average | 39.558 % | £135,507 | £478,057 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £443,388 | £435,000 | 41 MENTONE ROAD |
27 Jun 2022 | £631,399 | £625,000 | 40 WHITLEY ROAD |
7 Mar 2022 | £583,124 | £565,000 | 28 STANLEY ROAD |
25 Feb 2022 | £574,453 | £550,000 | 43 STANLEY ROAD |
30 Jul 2021 | £537,974 | £470,000 | 30 MENTONE ROAD |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 15 Sep 2017. Using an estimated price of £428,178 means this house is valued at £4,325 per sq meter (£401 per sq foot).
The average size of a house on MENTONE ROAD is 107 sq meters (1,153 sq feet).