£358,508
This estimated value is based upon the latest sale price for the house of £217,500 on 10 Oct 2013. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£217,500 | 10 Oct 2013 |
£217,950 | 12 Jan 2006 |
£121,000 | 23 Aug 2002 |
Semi-Detached |
Leasehold |
Floor Area: 92 sq meters or 990 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 October 2013 the House Price Index for GREATER MANCHESTER was 90.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 64.832%.Applying this 64.832% change to the original purchase price of £217,500 results in an estimated price of approximately £358,508.
10 Oct 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
90.8 | 149.7 | 64.832 % | £217,500 | £141,008 | £358,508 |
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 | 58.612 % | £127,481 | £344,981 |
3 Month Average | 59.944 % | £130,377 | £347,877 |
6 Month Average | 56.920 % | £123,801 | £341,301 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 May 2024 | £460,000 | £460,000 | 2 HULME ROAD |
18 Dec 2023 | £384,309 | £372,500 | 3 CHRISTLETON AVENUE |
4 Oct 2023 | £562,782 | £550,000 | 41 CHRISTLETON AVENUE |
20 Sep 2023 | £577,736 | £565,000 | 68 DOWNHAM ROAD |
1 Sep 2023 | £400,983 | £392,144 | 12 HULME ROAD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 28 Mar 2013. Using an estimated price of £358,509 means this house is valued at £3,896 per sq meter (£362 per sq foot).
The average size of a house on DOWNHAM ROAD is 96 sq meters (1,037 sq feet).