£259,853
This estimated value is based upon the latest sale price for the house of £51,200 on 27 Aug 1997. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £51,200 | 27 Aug 1997 |
| Semi-Detached |
| Leasehold |
| Floor Area: 70 sq meters or 753 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 1997 the House Price Index for GREATER MANCHESTER was 29.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 407.526%.Applying this 407.526% change to the original purchase price of £51,200 results in an estimated price of approximately £259,853.
| 27 Aug 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.5 | 149.7 | 407.526 % | £51,200 | £208,653 | £259,853 |
The Postcode Pricing Model uses changes in average sales price within the SK8 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 | 430.789 % | £220,563 | £271,763 |
| 3 Month Average | 354.541 % | £181,525 | £232,725 |
| 6 Month Average | 382.271 % | £195,722 | £246,922 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2023 | £237,741 | £232,500 | 10 EMLYN GROVE |
| 4 Sep 2023 | £246,177 | £240,750 | 3 MENAI GROVE |
| 31 Aug 2023 | £305,510 | £300,000 | 15 ST DAVIDS ROAD |
| 17 Apr 2023 | £321,004 | £315,000 | 40 LAVINGTON AVENUE |
| 30 Mar 2023 | £238,991 | £235,000 | 14 GLADVILLE DRIVE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 21 May 2020. Using an estimated price of £259,854 means this house is valued at £3,712 per sq meter (£344 per sq foot).
There is one other house on the street which we know the size of, this is 3 MENAI GROVE it is 67.0