£244,646
This estimated value is based upon the latest sale price for the house of £222,000 on 26 Oct 2021. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £222,000 | 26 Oct 2021 |
| £109,950 | 24 Jan 2003 |
| £64,950 | 21 Dec 1998 |
| £49,950 | 29 Jun 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 64 sq meters or 688 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 October 2021 the House Price Index for GREATER MANCHESTER was 134.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 10.201%.Applying this 10.201% change to the original purchase price of £222,000 results in an estimated price of approximately £244,646.
| 26 Oct 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 148.0 | 10.201 % | £222,000 | £22,646 | £244,646 |
The Postcode Pricing Model uses changes in average sales price within the SK2 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 | 58.395 % | £129,636 | £351,636 |
| 3 Month Average | 15.031 % | £33,368 | £255,368 |
| 6 Month Average | 7.533 % | £16,723 | £238,723 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Feb 2023 | £213,988 | £215,000 | 21 CLOVELLY ROAD |
| 5 Jan 2023 | £322,170 | £325,000 | 35 WOODLANDS DRIVE |
| 27 Jul 2022 | £222,699 | £223,000 | 17 CLOVELLY ROAD |
| 26 Oct 2021 | £244,646 | £222,000 | 49 WOODLANDS DRIVE |
| 10 Dec 2020 | £177,177 | £155,000 | 3 CLOVELLY ROAD |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 1 Jun 2021. Using an estimated price of £244,646 means this house is valued at £3,822 per sq meter (£355 per sq foot).
The average size of a house on WOODLANDS DRIVE is 101 sq meters (1,090 sq feet).