£235,345
This estimated value is based upon the latest sale price for the house of £230,000 on 12 Oct 2023. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £230,000 | 12 Oct 2023 |
| £137,500 | 1 Sep 2005 |
| £72,950 | 24 Oct 2001 |
| Semi-Detached |
| Leasehold |
| Floor Area: 67 sq meters or 728 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 2023 the House Price Index for GREATER MANCHESTER was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £230,000 results in an estimated price of approximately £235,345.
| 12 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £230,000 | £5,345 | £235,345 |
The Postcode Pricing Model uses changes in average sales price within the SK16 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 | 8.542 % | £19,646 | £249,646 |
| 3 Month Average | -3.051 % | £-7,017 | £222,982 |
| 6 Month Average | -6.316 % | £-14,527 | £215,472 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Oct 2023 | £235,345 | £230,000 | 7 CHEW VALE |
| 30 Jun 2023 | £270,419 | £265,000 | 10 REDMIRE MEWS |
| 30 Sep 2022 | £215,856 | £216,000 | 108 YEW TREE LANE |
| 4 Aug 2022 | £287,344 | £286,000 | 1 CHEW VALE |
| 16 Feb 2022 | £132,057 | £125,000 | 28 WATER GROVE ROAD |
This house has a floor area of 67 sq meters or 728 sq feet when measured on 10 May 2011. Using an estimated price of £235,345 means this house is valued at £3,476 per sq meter (£322 per sq foot).
The average size of a house on CHEW VALE is 86 sq meters (931 sq feet).