£113,486
This estimated value is based upon the latest sale price for the house of £85,500 on 25 Nov 2016. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £85,500 | 25 Nov 2016 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 742 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 November 2016 the House Price Index for GREATER MANCHESTER was 112.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.733%.Applying this 32.733% change to the original purchase price of £85,500 results in an estimated price of approximately £113,486.
| 25 Nov 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 149.7 | 32.733 % | £85,500 | £27,986 | £113,486 |
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 | 45.879 % | £39,226 | £124,726 |
| 3 Month Average | 57.048 % | £48,776 | £134,276 |
| 6 Month Average | 48.380 % | £41,364 | £126,864 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2024 | £320,000 | £320,000 | 240 CHEETHAM HILL ROAD |
| 27 Oct 2023 | £184,183 | £180,000 | 41 CHESTER AVENUE |
| 16 Oct 2023 | £163,718 | £160,000 | 69 CHESTER AVENUE |
| 29 Sep 2023 | £388,566 | £380,000 | 182 CHEETHAM HILL ROAD |
| 22 Sep 2023 | £88,450 | £86,500 | 113A CHESTER AVENUE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 20 Sep 2016. Using an estimated price of £113,487 means this house is valued at £1,644 per sq meter (£152 per sq foot).
The average size of a house on CHESTER AVENUE is 83 sq meters (902 sq feet).