£406,444
This estimated value is based upon the latest sale price for the house of £352,000 on 30 Nov 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £352,000 | 30 Nov 2020 |
| £352,000 | 30 Nov 2020 |
| £285,000 | 12 Oct 2018 |
| £294,950 | 27 Jul 2018 |
| £190,000 | 16 May 2005 |
| £152,500 | 17 Apr 2003 |
| £76,500 | 3 Apr 1998 |
| Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 November 2020 the House Price Index for GREATER MANCHESTER was 128.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 15.467%.Applying this 15.467% change to the original purchase price of £352,000 results in an estimated price of approximately £406,444.
| 30 Nov 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.0 | 15.467 % | £352,000 | £54,444 | £406,444 |
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 | -36.150 % | £-127,247 | £224,752 |
| 3 Month Average | -3.771 % | £-13,272 | £338,727 |
| 6 Month Average | 17.701 % | £62,306 | £414,306 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Jul 2023 | £429,059 | £425,000 | 6 SANDRINGHAM DRIVE |
| 29 Jul 2022 | £339,541 | £340,000 | 13 BIRCHWOOD CLOSE |
| 15 Jun 2022 | £506,130 | £501,000 | 16 SANDRINGHAM DRIVE |
| 14 Apr 2022 | £271,795 | £265,000 | 1 MIDDLEWOOD DRIVE |
| 17 Mar 2022 | £350,907 | £340,000 | 58 VALLEY ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 21 May 2015. Using an estimated price of £406,445 means this house is valued at £4,956 per sq meter (£460 per sq foot).
The average size of a house on VALLEY ROAD is 117 sq meters (1,267 sq feet).