£388,170
This estimated value is based upon the latest sale price for the house of £109,000 on 29 Jan 2001. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £109,000 | 29 Jan 2001 |
| £72,500 | 3 Jul 1998 |
| Detached |
| Leasehold |
| Floor Area: 88 sq meters or 952 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 January 2001 the House Price Index for GREATER MANCHESTER was 41.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 256.120%.Applying this 256.120% change to the original purchase price of £109,000 results in an estimated price of approximately £388,170.
| 29 Jan 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 41.7 | 148.6 | 256.120 % | £109,000 | £279,170 | £388,170 |
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 | 114.195 % | £124,472 | £233,472 |
| 3 Month Average | 279.276 % | £304,410 | £413,410 |
| 6 Month Average | 252.566 % | £275,296 | £384,296 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Jul 2023 | £430,798 | £425,000 | 6 SANDRINGHAM DRIVE |
| 29 Jul 2022 | £340,918 | £340,000 | 13 BIRCHWOOD CLOSE |
| 22 Jul 2022 | £265,715 | £265,000 | 113 CRAIG ROAD |
| 15 Jun 2022 | £508,182 | £501,000 | 16 SANDRINGHAM DRIVE |
| 14 Apr 2022 | £272,897 | £265,000 | 1 MIDDLEWOOD DRIVE |
This house has a floor area of 88 sq meters or 952 sq feet when measured on 17 Oct 2008. Using an estimated price of £388,171 means this house is valued at £4,386 per sq meter (£407 per sq foot).
The average size of a house on BIRCHWOOD CLOSE is 146 sq meters (1,574 sq feet).
This house is the smallest in the street with a floor area of 88 sq meters (952 sq feet).