£339,680
This estimated value is based upon the latest sale price for the house of £268,000 on 15 Sep 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £268,000 | 15 Sep 2017 |
| Detached |
| Leasehold |
| Floor Area: 131 sq meters or 1,410 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 September 2017 the House Price Index for GREATER MANCHESTER was 117.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.747%.Applying this 26.747% change to the original purchase price of £268,000 results in an estimated price of approximately £339,680.
| 15 Sep 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 148.6 | 26.747 % | £268,000 | £71,680 | £339,680 |
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 | -52.481 % | £-140,648 | £127,351 |
| 3 Month Average | 31.950 % | £85,624 | £353,624 |
| 6 Month Average | 23.793 % | £63,766 | £331,766 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Feb 2023 | £457,692 | £458,000 | 17 BRIAR HOLLOW |
| 29 Jul 2022 | £340,918 | £340,000 | 13 BIRCHWOOD CLOSE |
| 22 Jul 2022 | £265,715 | £265,000 | 113 CRAIG ROAD |
| 14 Jun 2022 | £398,126 | £392,500 | 63 CRAIG ROAD |
| 7 Jun 2022 | £327,123 | £322,500 | 66 CRAIG ROAD |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 15 Sep 2016. Using an estimated price of £339,681 means this house is valued at £2,592 per sq meter (£240 per sq foot).
The average size of a house on CRAIG ROAD is 88 sq meters (947 sq feet).