£482,138
This estimated value is based upon the latest sale price for the house of £475,000 on 1 Nov 2023. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £475,000 | 1 Nov 2023 |
| £305,000 | 14 Nov 2016 |
| £128,000 | 14 Jan 2000 |
| Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 2023 the House Price Index for GREATER MANCHESTER was 146.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.503%.Applying this 1.503% change to the original purchase price of £475,000 results in an estimated price of approximately £482,138.
| 1 Nov 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 148.6 | 1.503 % | £475,000 | £7,138 | £482,138 |
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 | 16.909 % | £80,319 | £555,319 |
| 3 Month Average | 30.318 % | £144,009 | £619,009 |
| 6 Month Average | 12.436 % | £59,069 | £534,069 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Nov 2023 | £446,612 | £440,000 | 13 MARPLE OLD ROAD |
| 1 Nov 2023 | £482,138 | £475,000 | 8 MARPLE OLD ROAD |
| 29 Sep 2023 | £481,152 | £475,000 | 7 GRASSHOLME DRIVE |
| 11 Aug 2023 | £221,942 | £220,000 | 26 SHEARWATER ROAD |
| 16 Aug 2022 | £493,671 | £495,000 | 26 GRASSHOLME DRIVE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 15 Jul 2016. Using an estimated price of £482,138 means this house is valued at £5,952 per sq meter (£552 per sq foot).
The average size of a house on MARPLE OLD ROAD is 142 sq meters (1,537 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Marple Old Road |