£551,891
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 81.4.
The House Price Index as of 1 Jan 2025 is 102.1 which is a change of 25.430%.Applying this 25.430% change to the original purchase price of £440,000 results in an estimated price of approximately £551,891.
| 22 May 2020 | 1 Jan 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.4 | 102.1 | 25.430 % | £440,000 | £111,891 | £551,891 |
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 | -7.157 % | £-31,489 | £408,510 |
| 3 Month Average | 21.323 % | £93,819 | £533,819 |
| 6 Month Average | 20.627 % | £90,759 | £530,759 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Sep 2024 | £861,883 | £845,000 | 15 MAULDETH ROAD |
| 23 Aug 2024 | £128,009 | £125,000 | FLAT 7 THE WILLOWS, 22 MAULDETH ROAD |
| 12 Aug 2024 | £729,652 | £712,500 | TITHE BARN COTTAGE LAUREL END LANE |
| 12 Aug 2024 | £471,073 | £460,000 | 8 PINEWOOD CLOSE |
| 6 Aug 2024 | £291,861 | £285,000 | FLAT 8 WESTMOOR GABLES PRINCES ROAD |
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 £551,892 means this house is valued at £4,677 per sq meter (£434 per sq foot).
The average size of a house on PINEWOOD CLOSE is 159 sq meters (1,711 sq feet).