£454,685
This estimated value is based upon the latest sale price for the house of £400,000 on 15 Jan 2021. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£400,000 | 15 Jan 2021 |
£329,950 | 7 Oct 2016 |
£249,350 | 29 Jul 2005 |
£121,000 | 19 Oct 2001 |
Terraced |
Leasehold |
Floor Area: 135 sq meters or 1,453 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 2021 the House Price Index for GREATER MANCHESTER was 130.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 13.671%.Applying this 13.671% change to the original purchase price of £400,000 results in an estimated price of approximately £454,685.
15 Jan 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
130.2 | 148.0 | 13.671 % | £400,000 | £54,685 | £454,685 |
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 | 53.012 % | £212,046 | £612,046 |
3 Month Average | -9.155 % | £-36,619 | £363,380 |
6 Month Average | 2.124 % | £8,496 | £408,496 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Mar 2024 | £130,441 | £130,000 | 52C HEATON MOOR ROAD |
4 Mar 2024 | £82,278 | £82,000 | 52D HEATON MOOR ROAD |
20 Dec 2023 | £259,917 | £255,000 | FLAT 15 LEA COURT HEATON MOOR ROAD |
1 Dec 2023 | £163,085 | £160,000 | FLAT 4 JENNINGS COURT, 1 DERBY RANGE |
25 Aug 2023 | £236,438 | £235,000 | FLAT 2 LEA COURT HEATON MOOR ROAD |
This house has a floor area of 135 sq meters or 1,453 sq feet when measured on 3 Feb 2016. Using an estimated price of £454,685 means this house is valued at £3,368 per sq meter (£312 per sq foot).
The average size of a house on PORTLAND GROVE is 115 sq meters (1,245 sq feet).
This house is the largest in the street with a floor area of 135 sq meters (1,453 sq feet).