£157,433
This estimated value is based upon the latest sale price for the house of £126,500 on 29 Mar 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £126,500 | 29 Mar 2019 |
| £82,995 | 30 Jun 2004 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 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 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 24.453%.Applying this 24.453% change to the original purchase price of £126,500 results in an estimated price of approximately £157,433.
| 29 Mar 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.453 % | £126,500 | £30,933 | £157,433 |
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 | 55.779 % | £70,560 | £197,060 |
| 3 Month Average | 36.447 % | £46,105 | £172,605 |
| 6 Month Average | 39.842 % | £50,399 | £176,899 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Oct 2023 | £235,345 | £230,000 | 7 CHEW VALE |
| 30 Sep 2022 | £215,856 | £216,000 | 108 YEW TREE LANE |
| 4 Aug 2022 | £287,344 | £286,000 | 1 CHEW VALE |
| 18 Feb 2022 | £132,057 | £125,000 | 20 QUEENSWAY |
| 16 Feb 2022 | £132,057 | £125,000 | 28 WATER GROVE ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 31 Oct 2018. Using an estimated price of £157,433 means this house is valued at £2,217 per sq meter (£206 per sq foot).
The average size of a house on YEW TREE LANE is 85 sq meters (920 sq feet).