£285,594
This estimated value is based upon the latest sale price for the house of £59,995 on 18 Mar 1998. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £59,995 | 18 Mar 1998 |
| Detached |
| Leasehold |
| Floor Area: 98 sq meters or 1,054 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 1998 the House Price Index for GREATER MANCHESTER was 31.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 376.031%.Applying this 376.031% change to the original purchase price of £59,995 results in an estimated price of approximately £285,594.
| 18 Mar 1998 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.1 | 148.0 | 376.031 % | £59,995 | £225,599 | £285,594 |
The Postcode Pricing Model uses changes in average sales price within the SK4 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 | 196.620 % | £117,962 | £177,957 |
| 3 Month Average | 352.829 % | £211,679 | £271,674 |
| 6 Month Average | 390.439 % | £234,244 | £294,239 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Jul 2023 | £429,059 | £425,000 | 6 SANDRINGHAM DRIVE |
| 29 Jul 2022 | £339,541 | £340,000 | 13 BIRCHWOOD CLOSE |
| 22 Jul 2022 | £264,642 | £265,000 | 113 CRAIG ROAD |
| 14 Apr 2022 | £271,795 | £265,000 | 1 MIDDLEWOOD DRIVE |
| 17 Mar 2022 | £350,907 | £340,000 | 58 VALLEY ROAD |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 25 Oct 2016. Using an estimated price of £285,595 means this house is valued at £2,914 per sq meter (£270 per sq foot).
The average size of a house on CRAIG ROAD is 88 sq meters (947 sq feet).