£109,371
This estimated value is based upon the latest sale price for the house of £87,000 on 19 Dec 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £87,000 | 19 Dec 2017 |
| £65,000 | 2 Dec 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 2017 the House Price Index for GREATER MANCHESTER was 118.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.714%.Applying this 25.714% change to the original purchase price of £87,000 results in an estimated price of approximately £109,371.
| 19 Dec 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 148.6 | 25.714 % | £87,000 | £22,371 | £109,371 |
The Postcode Pricing Model uses changes in average sales price within the SK3 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 | 8.021 % | £6,977 | £93,977 |
| 3 Month Average | 36.801 % | £32,016 | £119,016 |
| 6 Month Average | 36.579 % | £31,824 | £118,824 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Jul 2023 | £199,181 | £196,500 | 17 ASH STREET |
| 29 Jun 2023 | £228,265 | £225,500 | 23 ASH STREET |
| 2 Jun 2023 | £291,025 | £287,500 | 9 PENRHYN ROAD |
| 29 Mar 2023 | £161,522 | £160,000 | 49 MYRTLE STREET |
| 12 Jan 2023 | £169,203 | £170,000 | 14 CYPRESS CLOSE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 10 Aug 2011. Using an estimated price of £109,371 means this house is valued at £1,333 per sq meter (£123 per sq foot).
The average size of a house on CYPRESS CLOSE is 117 sq meters (1,259 sq feet).
This house is the largest in the street with a floor area of 82 sq meters (882 sq feet).