£538,199
This estimated value is based upon the latest sale price for the house of £440,000 on 22 May 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £440,000 | 22 May 2020 |
| £346,000 | 11 Sep 2018 |
| Detached |
| Leasehold |
| Floor Area: 118 sq meters or 1,270 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 2020 the House Price Index for GREATER MANCHESTER was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.318%.Applying this 22.318% change to the original purchase price of £440,000 results in an estimated price of approximately £538,199.
| 22 May 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.318 % | £440,000 | £98,199 | £538,199 |
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 | -45.996 % | £-202,381 | £237,618 |
| 3 Month Average | 15.266 % | £67,169 | £507,169 |
| 6 Month Average | 19.472 % | £85,677 | £525,677 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £139,883 | £138,000 | FLAT 4 THE WILLOWS, 22 MAULDETH ROAD |
| 8 Feb 2023 | £194,869 | £195,000 | FLAT 1 23 MAULDETH ROAD |
| 4 Nov 2022 | £1,600,612 | £1,620,000 | 18 MAULDETH CLOSE |
| 27 May 2022 | £178,361 | £175,000 | FLAT 8 MAULDETH COURT, 16 MAULDETH ROAD |
| 24 May 2022 | £367 | £360 | 11 PINEWOOD CLOSE |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 18 May 2018. Using an estimated price of £538,200 means this house is valued at £4,561 per sq meter (£423 per sq foot).
The average size of a house on PINEWOOD CLOSE is 159 sq meters (1,711 sq feet).