£565,824
This estimated value is based upon the latest sale price for the house of £495,000 on 11 Dec 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £495,000 | 11 Dec 2020 |
| £365,000 | 30 Mar 2007 |
| Detached |
| Freehold |
| Floor Area: 126 sq meters or 1,356 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 December 2020 the House Price Index for GREATER MANCHESTER was 129.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 14.308%.Applying this 14.308% change to the original purchase price of £495,000 results in an estimated price of approximately £565,824.
| 11 Dec 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.0 | 14.308 % | £495,000 | £70,824 | £565,824 |
The Postcode Pricing Model uses changes in average sales price within the SK15 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 | 39.651 % | £196,272 | £691,272 |
| 3 Month Average | -1.010 % | £-5,001 | £489,998 |
| 6 Month Average | 3.224 % | £15,958 | £510,958 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2023 | £603,261 | £600,000 | 8 ACRESBROOK |
| 31 Jan 2023 | £446,082 | £450,000 | 5 HOLLY CLOSE |
| 28 Feb 2022 | £887,791 | £850,000 | 26 FOX HILL DRIVE |
| 10 Dec 2021 | £566,604 | £531,000 | 15 ACRESBROOK |
| 25 Jun 2021 | £331,264 | £310,000 | 7 EARLY BANK |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 22 Jun 2020. Using an estimated price of £565,824 means this house is valued at £4,490 per sq meter (£417 per sq foot).
The average size of a house on ACRESBROOK is 163 sq meters (1,755 sq feet).