£305,131
This estimated value is based upon the latest sale price for the house of £271,500 on 18 Aug 2021. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£271,500 | 18 Aug 2021 |
£210,000 | 13 Jul 2020 |
£137,500 | 18 Mar 2016 |
Semi-Detached |
Leasehold |
Floor Area: 70 sq meters or 753 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 August 2021 the House Price Index for GREATER MANCHESTER was 133.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 12.387%.Applying this 12.387% change to the original purchase price of £271,500 results in an estimated price of approximately £305,131.
18 Aug 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
133.2 | 149.7 | 12.387 % | £271,500 | £33,631 | £305,131 |
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 | 14.986 % | £40,688 | £312,188 |
3 Month Average | -1.586 % | £-4,306 | £267,193 |
6 Month Average | -5.541 % | £-15,044 | £256,455 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Apr 2024 | £232,015 | £230,000 | 31 BRANKSOME ROAD |
8 Mar 2024 | £314,837 | £310,000 | 11 BRAMLEY CRESCENT |
9 Oct 2023 | £266,042 | £260,000 | 6A CRAIG ROAD |
5 Jun 2023 | £142,863 | £140,000 | 11 STANTON GARDENS |
21 Apr 2023 | £275,146 | £270,000 | 7 BRAMLEY CRESCENT |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 3 Nov 2015. Using an estimated price of £305,132 means this house is valued at £4,359 per sq meter (£404 per sq foot).
The average size of a house on BRANKSOME ROAD is 84 sq meters (904 sq feet).