£741,027
This estimated value is based upon the latest sale price for the house of £536,000 on 8 Jan 2016. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £536,000 | 8 Jan 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 231 sq meters or 2,486 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 2016 the House Price Index for GREATER MANCHESTER was 108.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 38.251%.Applying this 38.251% change to the original purchase price of £536,000 results in an estimated price of approximately £741,027.
| 8 Jan 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 149.7 | 38.251 % | £536,000 | £205,027 | £741,027 |
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 | 15.525 % | £83,212 | £619,212 |
| 3 Month Average | 46.841 % | £251,065 | £787,065 |
| 6 Month Average | 43.187 % | £231,484 | £767,484 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Mar 2023 | £503,407 | £495,000 | 9 WHITELOW ROAD |
| 7 Oct 2022 | £720,095 | £722,500 | 18 KINGS DRIVE |
| 2 Nov 2021 | £217,904 | £200,000 | FLAT 5 BALMORAL COURT, 22 BALMORAL ROAD |
| 3 Aug 2021 | £511,925 | £455,500 | 40A GLADSTONE GROVE |
| 28 Jul 2021 | £520,998 | £450,000 | 3 BALMORAL ROAD |
This house has a floor area of 231 sq meters or 2,486 sq feet when measured on 18 Nov 2016. Using an estimated price of £741,027 means this house is valued at £3,207 per sq meter (£298 per sq foot).
The average size of a house on KINGS DRIVE is 218 sq meters (2,354 sq feet).