£202,950
This estimated value is based upon the latest sale price for the house of £142,000 on 13 Aug 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £142,000 | 13 Aug 2015 |
| £126,500 | 24 Nov 2006 |
| £123,950 | 23 Aug 2004 |
| £56,000 | 1 Aug 1999 |
| £49,000 | 17 Apr 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 63 sq meters or 678 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 August 2015 the House Price Index for GREATER MANCHESTER was 104.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 42.923%.Applying this 42.923% change to the original purchase price of £142,000 results in an estimated price of approximately £202,950.
| 13 Aug 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 148.6 | 42.923 % | £142,000 | £60,950 | £202,950 |
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 | 27.609 % | £39,205 | £181,205 |
| 3 Month Average | 55.876 % | £79,343 | £221,343 |
| 6 Month Average | 52.826 % | £75,012 | £217,012 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £249,363 | £245,000 | 23 CHELTENHAM ROAD |
| 23 Jun 2023 | £236,869 | £234,000 | 11 SHAFTESBURY ROAD |
| 31 Mar 2023 | £222,092 | £220,000 | 22 SHAFTESBURY ROAD |
| 20 Jan 2023 | £134,367 | £135,000 | FLAT D 1 BIRD HALL LANE |
| 12 Jul 2022 | £228,615 | £228,000 | 14 CHELTENHAM ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 15 May 2015. Using an estimated price of £202,950 means this house is valued at £3,221 per sq meter (£299 per sq foot).
The average size of a house on TEWKESBURY ROAD is 84 sq meters (908 sq feet).