£198,411
This estimated value is based upon the latest sale price for the house of £178,000 on 14 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 |
|---|---|
| £178,000 | 14 Oct 2021 |
| £55,000 | 7 Aug 2002 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 May 2024 is 149.7 which is a change of 11.467%.Applying this 11.467% change to the original purchase price of £178,000 results in an estimated price of approximately £198,411.
| 14 Oct 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 149.7 | 11.467 % | £178,000 | £20,411 | £198,411 |
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 | 82.717 % | £147,236 | £325,236 |
| 3 Month Average | 19.424 % | £34,575 | £212,575 |
| 6 Month Average | -1.575 % | £-2,804 | £175,195 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £223,433 | £220,000 | 2 MUSDEN WALK |
| 27 Nov 2023 | £259,589 | £253,000 | 72 MARBURY ROAD |
| 17 Nov 2023 | £194,949 | £190,000 | 4 ALDEN WALK |
| 17 Oct 2023 | £206,234 | £201,550 | 2 HOLCOMBE WALK |
| 9 Oct 2023 | £122,789 | £120,000 | 14 HOLLIN BANK |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 6 Sep 2017. Using an estimated price of £198,411 means this house is valued at £2,543 per sq meter (£236 per sq foot).
The average size of a house on MUSDEN WALK is 99 sq meters (1,073 sq feet).