£340,767
This estimated value is based upon the latest sale price for the house of £275,500 on 30 Aug 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£275,500 | 30 Aug 2018 |
£140,000 | 22 Nov 2004 |
Terraced |
Freehold |
Floor Area: 88 sq meters or 950 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 2018 the House Price Index for GREATER MANCHESTER was 120.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £275,500 results in an estimated price of approximately £340,767.
30 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.1 | 148.6 | 23.690 % | £275,500 | £65,267 | £340,767 |
The Postcode Pricing Model uses changes in average sales price within the WA14 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 | -5.685 % | £-15,661 | £259,838 |
3 Month Average | -14.594 % | £-40,206 | £235,293 |
6 Month Average | 18.413 % | £50,727 | £326,227 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Jun 2023 | £401,868 | £397,000 | 53 TAYLOR ROAD |
22 Mar 2022 | £310,879 | £300,000 | 8 TADMAN GROVE |
11 Feb 2022 | £356,556 | £340,000 | 14 STOKOE AVENUE |
4 Feb 2022 | £194,008 | £185,000 | 34 STOKOE AVENUE |
18 Jan 2022 | £326,246 | £310,000 | 12 TADMAN GROVE |
This house has a floor area of 88 sq meters or 950 sq feet when measured on 9 Feb 2012. Using an estimated price of £340,767 means this house is valued at £3,859 per sq meter (£358 per sq foot).
The average size of a house on STOKOE AVENUE is 85 sq meters (922 sq feet).