£187,926
This estimated value is based upon the latest sale price for the house of £110,000 on 23 Jun 2010. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£110,000 | 23 Jun 2010 |
£76,000 | 14 Aug 2002 |
£44,000 | 18 Jun 1999 |
Semi-Detached |
Freehold |
Floor Area: 60 sq meters or 645 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 June 2010 the House Price Index for GREATER MANCHESTER was 87.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.842%.Applying this 70.842% change to the original purchase price of £110,000 results in an estimated price of approximately £187,926.
23 Jun 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.6 | 149.7 | 70.842 % | £110,000 | £77,926 | £187,926 |
The Postcode Pricing Model uses changes in average sales price within the SK5 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 | 55.574 % | £61,131 | £171,131 |
3 Month Average | 96.244 % | £105,868 | £215,868 |
6 Month Average | 84.165 % | £92,581 | £202,581 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Mar 2024 | £139,646 | £137,500 | 34 BROOMFIELD DRIVE |
13 Sep 2023 | £286,311 | £280,000 | 21 WOODVILLE GROVE |
4 Aug 2023 | £146,645 | £144,000 | 42 BROOMFIELD DRIVE |
6 Apr 2023 | £203,812 | £200,000 | 82 MAYFIELD GROVE |
2 Mar 2023 | £138,615 | £136,300 | 36 BROOMFIELD DRIVE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 27 Aug 2013. Using an estimated price of £187,927 means this house is valued at £3,132 per sq meter (£290 per sq foot).
The average size of a house on MAYFIELD GROVE is 100 sq meters (1,078 sq feet).