£269,286
This estimated value is based upon the latest sale price for the house of £250,000 on 5 Nov 2021. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £250,000 | 5 Nov 2021 |
| £172,000 | 1 Aug 2008 |
| £156,000 | 27 Jan 2006 |
| £60,000 | 19 Nov 1999 |
| £49,950 | 11 Aug 1995 |
| Terraced |
| Freehold |
| Floor Area: 134 sq meters or 1,442 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 November 2021 the House Price Index for GREATER MANCHESTER was 137.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 7.715%.Applying this 7.715% change to the original purchase price of £250,000 results in an estimated price of approximately £269,286.
| 5 Nov 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.0 | 7.715 % | £250,000 | £19,286 | £269,286 |
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 | 133.067 % | £332,667 | £582,667 |
| 3 Month Average | 14.775 % | £36,938 | £286,938 |
| 6 Month Average | 9.016 % | £22,539 | £272,539 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jun 2023 | £302,452 | £300,000 | 45 NORWOOD ROAD |
| 21 Apr 2023 | £256,909 | £255,000 | 69 CLAREMONT ROAD |
| 16 Feb 2023 | £298,588 | £300,000 | 44 NORWOOD ROAD |
| 5 Jan 2023 | £257,736 | £260,000 | 2 RIPLEY AVENUE |
| 9 Sep 2022 | £288,491 | £292,000 | 1 THE HEATHERS |
This house has a floor area of 134 sq meters or 1,442 sq feet when measured on 30 Jun 2021. Using an estimated price of £269,287 means this house is valued at £2,009 per sq meter (£186 per sq foot).
The average size of a house on NORWOOD ROAD is 109 sq meters (1,183 sq feet).