£292,118
This estimated value is based upon the latest sale price for the house of £178,000 on 19 Feb 2007. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £178,000 | 19 Feb 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 2007 the House Price Index for GREATER MANCHESTER was 91.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 64.111%.Applying this 64.111% change to the original purchase price of £178,000 results in an estimated price of approximately £292,118.
| 19 Feb 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.2 | 149.7 | 64.111 % | £178,000 | £114,118 | £292,118 |
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 | 98.535 % | £175,391 | £353,391 |
| 3 Month Average | 86.594 % | £154,137 | £332,137 |
| 6 Month Average | 67.094 % | £119,426 | £297,426 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Oct 2023 | £283,949 | £277,500 | 22 GRASMERE AVENUE |
| 8 Sep 2023 | £1,392,938 | £1,362,232 | SPUR MILL BROADSTONE HALL ROAD SOUTH |
| 20 Apr 2023 | £122,287 | £120,000 | 24 GRASMERE AVENUE |
| 14 Apr 2023 | £224,193 | £220,000 | 88 BROADSTONE HALL ROAD SOUTH |
| 17 Mar 2023 | £300,010 | £295,000 | 40 MELLING AVENUE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 13 Feb 2015. Using an estimated price of £292,118 means this house is valued at £3,894 per sq meter (£361 per sq foot).
The average size of a house on MELLING AVENUE is 87 sq meters (943 sq feet).