£245,771
This estimated value is based upon the latest sale price for the house of £197,500 on 22 Feb 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£197,500 | 22 Feb 2019 |
£172,500 | 14 Jul 2017 |
£62,000 | 24 Nov 2000 |
Semi-Detached |
Leasehold |
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 February 2019 the House Price Index for GREATER MANCHESTER was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.441%.Applying this 24.441% change to the original purchase price of £197,500 results in an estimated price of approximately £245,771.
22 Feb 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.441 % | £197,500 | £48,271 | £245,771 |
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 | 8.763 % | £17,306 | £214,806 |
3 Month Average | 19.353 % | £38,221 | £235,721 |
6 Month Average | 36.273 % | £71,638 | £269,138 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 May 2024 | £231,500 | £231,500 | 23 SUNBURY CLOSE |
11 Aug 2023 | £257,647 | £253,000 | 18 FIR TREE CRESCENT |
4 Apr 2023 | £264,956 | £260,000 | 16 SUNBURY CLOSE |
17 Mar 2023 | £294,925 | £290,000 | 29 FIR TREE CRESCENT |
20 Jan 2023 | £265,710 | £265,000 | 34 FIR TREE CRESCENT |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 17 Oct 2012. Using an estimated price of £245,771 means this house is valued at £4,096 per sq meter (£380 per sq foot).
The average size of a house on FIR TREE CRESCENT is 78 sq meters (844 sq feet).