£132,390
This estimated value is based upon the latest sale price for the house of £85,000 on 7 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 |
|---|---|
| £85,000 | 7 May 2014 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 775 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 May 2024 is 149.7 which is a change of 55.753%.Applying this 55.753% change to the original purchase price of £85,000 results in an estimated price of approximately £132,390.
| 7 May 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 149.7 | 55.753 % | £85,000 | £47,390 | £132,390 |
The Postcode Pricing Model uses changes in average sales price within the SK16 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 | 46.684 % | £39,681 | £124,681 |
| 3 Month Average | 63.065 % | £53,605 | £138,605 |
| 6 Month Average | 49.480 % | £42,057 | £127,057 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £283,718 | £275,000 | 2 WINDSOR DRIVE |
| 6 Nov 2023 | £148,879 | £145,100 | 192 YEW TREE LANE |
| 18 Aug 2023 | £379,342 | £372,500 | 39 YEW TREE LANE |
| 10 Aug 2023 | £183,306 | £180,000 | 1 GORSE HALL ROAD |
| 7 Aug 2023 | £172,613 | £169,500 | 5 LYNE EDGE CRESCENT |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 11 Mar 2014. Using an estimated price of £132,390 means this house is valued at £1,838 per sq meter (£170 per sq foot).
The average size of a house on SANDRINGHAM DRIVE is 78 sq meters (841 sq feet).