£344,954
This estimated value is based upon the latest sale price for the house of £295,250 on 9 Oct 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £295,250 | 9 Oct 2020 |
| £134,000 | 16 Dec 2002 |
| £58,500 | 11 Feb 1997 |
| Semi-Detached |
| Leasehold |
| Floor Area: 89 sq meters or 957 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 2020 the House Price Index for GREATER MANCHESTER was 126.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 16.835%.Applying this 16.835% change to the original purchase price of £295,250 results in an estimated price of approximately £344,954.
| 9 Oct 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.0 | 16.835 % | £295,250 | £49,704 | £344,954 |
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 | -34.491 % | £-101,834 | £193,415 |
| 3 Month Average | -2.481 % | £-7,325 | £287,924 |
| 6 Month Average | 24.491 % | £72,310 | £367,560 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £316,068 | £315,000 | 9 BOLLINGTON ROAD |
| 17 Jul 2023 | £348,295 | £345,000 | 302 MANCHESTER ROAD |
| 18 Jul 2022 | £329,505 | £329,950 | 14 FENCEGATE AVENUE |
| 24 May 2022 | £517,695 | £510,000 | 14 ORTHES GROVE |
| 11 Feb 2022 | £370,783 | £355,000 | 5 ORTHES GROVE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 22 Feb 2018. Using an estimated price of £344,954 means this house is valued at £3,875 per sq meter (£360 per sq foot).
The average size of a house on DOWNHAM ROAD is 96 sq meters (1,037 sq feet).