£262,284
This estimated value is based upon the latest sale price for the house of £90,000 on 31 May 2002. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £90,000 | 31 May 2002 |
| £56,500 | 18 Dec 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 66 sq meters or 710 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 May 2002 the House Price Index for GREATER MANCHESTER was 51.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 191.428%.Applying this 191.428% change to the original purchase price of £90,000 results in an estimated price of approximately £262,284.
| 31 May 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 51.0 | 148.6 | 191.428 % | £90,000 | £172,284 | £262,284 |
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 | 44.665 % | £40,198 | £130,198 |
| 3 Month Average | 194.205 % | £174,784 | £264,784 |
| 6 Month Average | 183.034 % | £164,730 | £254,730 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £139,883 | £138,000 | FLAT 4 THE WILLOWS, 22 MAULDETH ROAD |
| 20 Feb 2023 | £949,361 | £950,000 | 36 MAULDETH ROAD |
| 8 Feb 2023 | £194,869 | £195,000 | FLAT 1 23 MAULDETH ROAD |
| 4 Nov 2022 | £1,600,612 | £1,620,000 | 18 MAULDETH CLOSE |
| 10 Jun 2022 | £783,066 | £772,000 | 43 MAULDETH ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 10 Jul 2009. Using an estimated price of £262,285 means this house is valued at £3,974 per sq meter (£369 per sq foot).
The average size of a house on MAULDETH ROAD is 106 sq meters (1,143 sq feet).