£271,649
This estimated value is based upon the latest sale price for the house of £230,000 on 4 Dec 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£230,000 | 4 Dec 2020 |
Detached |
Freehold |
Floor Area: 86 sq meters or 925 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 December 2020 the House Price Index for GREATER MANCHESTER was 86.7.
The House Price Index as of 1 Feb 2025 is 102.4 which is a change of 18.108%.Applying this 18.108% change to the original purchase price of £230,000 results in an estimated price of approximately £271,649.
4 Dec 2020 | 1 Feb 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.7 | 102.4 | 18.108 % | £230,000 | £41,649 | £271,649 |
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 | -1.932 % | £-4,444 | £225,555 |
3 Month Average | 7.877 % | £18,117 | £248,117 |
6 Month Average | 15.121 % | £34,779 | £264,779 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Nov 2024 | £345,055 | £340,000 | 33 HIGHLANDS ROAD |
1 Nov 2024 | £296,848 | £292,500 | 196 MARPLE ROAD |
6 Sep 2024 | £302,685 | £295,000 | 15 POISE BROOK ROAD |
5 Aug 2024 | £383,871 | £373,000 | 26 HIGHLANDS ROAD |
26 Feb 2024 | £326,775 | £310,500 | 15 HIGHLANDS DRIVE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 25 Aug 2016. Using an estimated price of £271,649 means this house is valued at £3,158 per sq meter (£293 per sq foot).
The average size of a house on HIGHLANDS ROAD is 112 sq meters (1,207 sq feet).