£251,013
This estimated value is based upon the latest sale price for the house of £225,000 on 11 Aug 2021. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £225,000 | 11 Aug 2021 |
| £55,000 | 5 Mar 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 August 2021 the House Price Index for GREATER MANCHESTER was 133.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 11.562%.Applying this 11.562% change to the original purchase price of £225,000 results in an estimated price of approximately £251,013.
| 11 Aug 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 148.6 | 11.562 % | £225,000 | £26,013 | £251,013 |
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 | -12.399 % | £-27,896 | £197,103 |
| 3 Month Average | -8.363 % | £-18,817 | £206,182 |
| 6 Month Average | -6.728 % | £-15,138 | £209,861 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2023 | £222,849 | £220,000 | 30 SHAFTESBURY ROAD |
| 11 Aug 2023 | £209,331 | £207,500 | 52 SHAFTESBURY ROAD |
| 10 Aug 2023 | £277,427 | £275,000 | 12 CHURCHLEY CLOSE |
| 13 Jul 2023 | £283,820 | £280,000 | 87 CHELTENHAM ROAD |
| 31 Mar 2023 | £282,663 | £280,000 | 57 CHELTENHAM ROAD |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 2 Jul 2014. Using an estimated price of £251,014 means this house is valued at £2,614 per sq meter (£242 per sq foot).
The average size of a house on SHERBORNE ROAD is 93 sq meters (1,007 sq feet).