£407,021
This estimated value is based upon the latest sale price for the house of £280,000 on 27 May 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£280,000 | 27 May 2015 |
Flats/Maisonettes |
Leasehold |
Floor Area: 91 sq meters or 979 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 2015 the House Price Index for GREATER MANCHESTER was 101.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 45.365%.Applying this 45.365% change to the original purchase price of £280,000 results in an estimated price of approximately £407,021.
27 May 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
101.8 | 148.0 | 45.365 % | £280,000 | £127,021 | £407,021 |
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 | 2.878 % | £8,059 | £288,059 |
3 Month Average | 32.434 % | £90,816 | £370,816 |
6 Month Average | 41.303 % | £115,647 | £395,647 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Mar 2024 | £210,712 | £210,000 | FLAT 1 65 HEATON MOOR ROAD |
7 Mar 2024 | £240,814 | £240,000 | FLAT 34 THE REFORM CLUB, 59 HEATON MOOR ROAD |
24 Nov 2022 | £251,423 | £255,500 | FLAT 2 HOLLYCREST, 136 HEATON MOOR ROAD |
28 Sep 2022 | £177,837 | £180,000 | FLAT 4 HOLLYCREST, 136 HEATON MOOR ROAD |
28 Apr 2022 | £175,897 | £171,500 | 7 PARSONAGE COURT HEATON MOOR ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 14 Aug 2012. Using an estimated price of £407,021 means this house is valued at £4,472 per sq meter (£415 per sq foot).
The average size of a house on HEATON MOOR ROAD is 72 sq meters (780 sq feet).