£200,038
This estimated value is based upon the latest sale price for the house of £175,000 on 18 Dec 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £175,000 | 18 Dec 2020 |
| £140,000 | 1 May 2014 |
| Terraced |
| Leasehold |
| Floor Area: 84 sq meters or 904 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 December 2020 the House Price Index for GREATER MANCHESTER was 129.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 14.308%.Applying this 14.308% change to the original purchase price of £175,000 results in an estimated price of approximately £200,038.
| 18 Dec 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.0 | 14.308 % | £175,000 | £25,038 | £200,038 |
The Postcode Pricing Model uses changes in average sales price within the SK15 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 | 39.651 % | £69,389 | £244,389 |
| 3 Month Average | -1.010 % | £-1,768 | £173,231 |
| 6 Month Average | 3.224 % | £5,641 | £180,641 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2023 | £258,069 | £256,500 | 59 STALEY HALL ROAD |
| 3 Feb 2023 | £223,941 | £225,000 | 3 ST PAULS CLOSE |
| 10 Jun 2022 | £191,945 | £190,000 | 100 STALEY HALL ROAD |
| 8 Jun 2022 | £232,355 | £230,000 | 83 STALEY HALL ROAD |
| 26 May 2022 | £266,968 | £263,000 | 42 STALEY HALL ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 25 Oct 2013. Using an estimated price of £200,039 means this house is valued at £2,381 per sq meter (£221 per sq foot).
The average size of a house on SPINDLE AVENUE is 113 sq meters (1,225 sq feet).