£322,993
This estimated value is based upon the latest sale price for the house of £260,000 on 30 May 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £260,000 | 30 May 2018 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 May 2018 the House Price Index for GREATER MANCHESTER was 119.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 24.228%.Applying this 24.228% change to the original purchase price of £260,000 results in an estimated price of approximately £322,993.
| 30 May 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 148.0 | 24.228 % | £260,000 | £62,993 | £322,993 |
The Postcode Pricing Model uses changes in average sales price within the SK2 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 | 75.850 % | £197,210 | £457,210 |
| 3 Month Average | 43.440 % | £112,943 | £372,943 |
| 6 Month Average | 37.494 % | £97,484 | £357,484 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Mar 2022 | £325,105 | £315,000 | 3 FORTESCUE ROAD |
| 3 Dec 2021 | £266,763 | £250,000 | 5 HARLEEN GROVE |
| 30 Sep 2021 | £384,220 | £358,000 | 21 MONTAGU ROAD |
| 26 May 2021 | £258,015 | £229,250 | 31 HAYBURN ROAD |
| 2 Oct 2020 | £292,087 | £250,000 | 5 HAYBURN ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 23 Apr 2014. Using an estimated price of £322,994 means this house is valued at £4,088 per sq meter (£379 per sq foot).
The average size of a house on MONTAGU ROAD is 117 sq meters (1,262 sq feet).
This house is the smallest in the street with a floor area of 79 sq meters (850 sq feet).