£363,260
This estimated value is based upon the latest sale price for the house of £209,995 on 10 Feb 2011. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£209,995 | 10 Feb 2011 |
Detached |
Freehold |
Floor Area: 106 sq meters or 1,144 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 February 2011 the House Price Index for GREATER MANCHESTER was 86.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.985%.Applying this 72.985% change to the original purchase price of £209,995 results in an estimated price of approximately £363,260.
10 Feb 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.5 | 149.7 | 72.985 % | £209,995 | £153,265 | £363,260 |
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 | 83.695 % | £175,754 | £385,749 |
3 Month Average | 51.181 % | £107,477 | £317,472 |
6 Month Average | 36.946 % | £77,585 | £287,580 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Jun 2023 | £219,397 | £215,000 | 22 CYPRESS OAKS |
17 Feb 2023 | £312,085 | £310,000 | 18 CYPRESS OAKS |
5 Aug 2022 | £253,184 | £252,000 | 55 CYPRESS OAKS |
4 Aug 2022 | £233,761 | £232,668 | 32 CYPRESS OAKS |
13 May 2022 | £256,687 | £250,000 | 61 CYPRESS OAKS |
This house has a floor area of 106 sq meters or 1,144 sq feet when measured on 9 Dec 2010. Using an estimated price of £363,260 means this house is valued at £3,416 per sq meter (£317 per sq foot).
The average size of a house on CYPRESS OAKS is 86 sq meters (934 sq feet).