£304,080
This estimated value is based upon the latest sale price for the house of £167,500 on 2 Dec 2005. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£167,500 | 2 Dec 2005 |
Semi-Detached |
Freehold |
Floor Area: 80 sq meters or 861 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 2005 the House Price Index for GREATER MANCHESTER was 82.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 81.541%.Applying this 81.541% change to the original purchase price of £167,500 results in an estimated price of approximately £304,080.
2 Dec 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
82.5 | 149.7 | 81.541 % | £167,500 | £136,580 | £304,080 |
The Postcode Pricing Model uses changes in average sales price within the SK8 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 | 119.010 % | £199,341 | £366,841 |
3 Month Average | 79.797 % | £133,660 | £301,160 |
6 Month Average | 86.394 % | £144,709 | £312,209 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 May 2024 | £335,000 | £335,000 | 26 DONNINGTON AVENUE |
2 Apr 2024 | £358,110 | £355,000 | 25 CRANLEIGH DRIVE |
20 Oct 2023 | £332,553 | £325,000 | 5 CRANLEIGH DRIVE |
3 Oct 2023 | £306,972 | £300,000 | 55 DONNINGTON AVENUE |
31 Aug 2023 | £264,775 | £260,000 | 31 CRANLEIGH DRIVE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 20 Nov 2013. Using an estimated price of £304,081 means this house is valued at £3,801 per sq meter (£353 per sq foot).
The average size of a house on DONNINGTON AVENUE is 80 sq meters (868 sq feet).