£326,408
This estimated value is based upon the latest sale price for the house of £262,000 on 25 Apr 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £262,000 | 25 Apr 2019 |
| £250,000 | 15 Sep 2017 |
| £158,000 | 8 Apr 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 April 2019 the House Price Index for GREATER MANCHESTER was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.583%.Applying this 24.583% change to the original purchase price of £262,000 results in an estimated price of approximately £326,408.
| 25 Apr 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.583 % | £262,000 | £64,408 | £326,408 |
The Postcode Pricing Model uses changes in average sales price within the SK8 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 | 52.458 % | £137,438 | £399,438 |
| 3 Month Average | 24.277 % | £63,605 | £325,605 |
| 6 Month Average | 32.157 % | £84,252 | £346,252 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Sep 2024 | £337,500 | £337,500 | 92 DEANE AVENUE |
| 20 Oct 2023 | £332,553 | £325,000 | 5 CRANLEIGH DRIVE |
| 3 Oct 2023 | £306,972 | £300,000 | 55 DONNINGTON AVENUE |
| 31 Aug 2023 | £264,775 | £260,000 | 31 CRANLEIGH DRIVE |
| 20 Apr 2023 | £239,479 | £235,000 | 40 DONNINGTON AVENUE |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 4 May 2017. Using an estimated price of £326,408 means this house is valued at £3,297 per sq meter (£306 per sq foot).
The average size of a house on CRANLEIGH DRIVE is 81 sq meters (872 sq feet).