£205,720
This estimated value is based upon the latest sale price for the house of £143,500 on 3 Jul 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £143,500 | 3 Jul 2015 |
| £152,000 | 9 Jul 2008 |
| £125,500 | 2 Aug 2005 |
| £50,500 | 24 Jan 1997 |
| Terraced |
| Freehold |
| Floor Area: 51 sq meters or 548 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 July 2015 the House Price Index for GREATER MANCHESTER was 103.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 43.359%.Applying this 43.359% change to the original purchase price of £143,500 results in an estimated price of approximately £205,720.
| 3 Jul 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 148.0 | 43.359 % | £143,500 | £62,220 | £205,720 |
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 | 119.008 % | £170,775 | £314,275 |
| 3 Month Average | 63.359 % | £90,920 | £234,420 |
| 6 Month Average | 59.417 % | £85,263 | £228,763 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £213,800 | £212,500 | 15 COLLEGE CLOSE |
| 17 Jul 2023 | £254,911 | £252,500 | 3 ORIEL CLOSE |
| 20 Jan 2023 | £231,962 | £234,000 | 13 COLLEGE CLOSE |
| 17 Jun 2022 | £252,560 | £250,000 | 2 KEELE CLOSE |
| 10 Jun 2022 | £227,304 | £225,000 | 24 COLLEGE CLOSE |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 21 May 2014. Using an estimated price of £205,721 means this house is valued at £4,033 per sq meter (£374 per sq foot).
The average size of a house on ORIEL CLOSE is 78 sq meters (845 sq feet).