£338,942
This estimated value is based upon the latest sale price for the house of £325,000 on 1 Mar 2024. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £325,000 | 1 Mar 2024 |
| £175,000 | 18 Mar 2016 |
| Detached |
| Leasehold |
| Floor Area: 87 sq meters or 936 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 March 2024 the House Price Index for GREATER MANCHESTER was 97.9.
The House Price Index as of 1 Jan 2025 is 102.1 which is a change of 4.290%.Applying this 4.290% change to the original purchase price of £325,000 results in an estimated price of approximately £338,942.
| 1 Mar 2024 | 1 Jan 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.9 | 102.1 | 4.290 % | £325,000 | £13,942 | £338,942 |
The Postcode Pricing Model uses changes in average sales price within the SK2 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 | -3.444 % | £-11,194 | £313,805 |
| 3 Month Average | -1.299 % | £-4,220 | £320,779 |
| 6 Month Average | -4.584 % | £-14,897 | £310,102 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jan 2025 | £265,000 | £265,000 | 9 REEVE CLOSE |
| 29 Nov 2024 | £252,973 | £250,000 | 204 SHEARWATER ROAD |
| 22 Nov 2024 | £435,114 | £430,000 | 23 REEVE CLOSE |
| 20 Nov 2024 | £222,616 | £220,000 | 4 SISKIN ROAD |
| 30 Aug 2024 | £307,222 | £300,000 | 33 FULMAR DRIVE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 18 Dec 2013. Using an estimated price of £338,943 means this house is valued at £3,895 per sq meter (£361 per sq foot).
The average size of a house on WREN CLOSE is 83 sq meters (897 sq feet).
This house is the largest in the street with a floor area of 87 sq meters (936 sq feet).