£240,408
This estimated value is based upon the latest sale price for the house of £238,000 on 26 Jul 2022. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £238,000 | 26 Jul 2022 |
| £150,000 | 28 Feb 2019 |
| £142,000 | 30 Jan 2015 |
| £56,000 | 19 Sep 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 July 2022 the House Price Index for GREATER MANCHESTER was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £238,000 results in an estimated price of approximately £240,408.
| 26 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 149.7 | 1.012 % | £238,000 | £2,408 | £240,408 |
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 | -7.676 % | £-18,270 | £219,729 |
| 3 Month Average | -2.487 % | £-5,920 | £232,079 |
| 6 Month Average | 6.237 % | £14,843 | £252,843 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Apr 2024 | £403,504 | £400,000 | 28 THE FAIRWAYS |
| 17 Nov 2023 | £220,600 | £215,000 | 1 LYNE EDGE ROAD |
| 29 Sep 2023 | £270,973 | £265,000 | 234 YEW TREE LANE |
| 11 Aug 2023 | £282,597 | £277,500 | 9 GUILDFORD ROAD |
| 7 Aug 2023 | £229,133 | £225,000 | 2 SALISBURY DRIVE |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 9 Feb 2019. Using an estimated price of £240,409 means this house is valued at £2,530 per sq meter (£235 per sq foot).
The average size of a house on LYNE EDGE ROAD is 66 sq meters (720 sq feet).
This house is the largest in the street with a floor area of 95 sq meters (1,022 sq feet).