£341,371
This estimated value is based upon the latest sale price for the house of £272,000 on 29 Jan 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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HQ Salford, Clippers Quay, Manchester, M50 3XP
Phone: 01615062781
| Price Paid | Date |
|---|---|
| £272,000 | 29 Jan 2018 |
| £171,500 | 16 Nov 2010 |
| £132,750 | 11 Jul 2003 |
| £97,500 | 7 Sep 2001 |
| £70,950 | 5 Aug 1999 |
| £47,500 | 29 Mar 1996 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 January 2018 the House Price Index for GREATER MANCHESTER was 118.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.504%.Applying this 25.504% change to the original purchase price of £272,000 results in an estimated price of approximately £341,371.
| 29 Jan 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 148.6 | 25.504 % | £272,000 | £69,371 | £341,371 |
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 | -43.065 % | £-117,137 | £154,862 |
| 3 Month Average | 21.830 % | £59,377 | £331,377 |
| 6 Month Average | 37.007 % | £100,658 | £372,658 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £267,175 | £262,500 | 8 LYME STREET |
| 8 Dec 2023 | £343,510 | £337,500 | 22 NEW BEECH ROAD |
| 15 Sep 2023 | £455,828 | £450,000 | 7 GREENBANK AVENUE |
| 14 Aug 2023 | £282,471 | £280,000 | 33 LYME STREET |
| 9 Jun 2023 | £296,087 | £292,500 | 35 LYME STREET |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 6 Sep 2017. Using an estimated price of £341,371 means this house is valued at £4,433 per sq meter (£411 per sq foot).
The average size of a house on NEW BEECH ROAD is 87 sq meters (937 sq feet).