£395,250
This estimated value is based upon the latest sale price for the house of £265,000 on 17 Dec 2014. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £265,000 | 17 Dec 2014 |
| £260,000 | 8 Feb 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 125 sq meters or 1,348 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 December 2014 the House Price Index for GREATER MANCHESTER was 99.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.151%.Applying this 49.151% change to the original purchase price of £265,000 results in an estimated price of approximately £395,250.
| 17 Dec 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 148.6 | 49.151 % | £265,000 | £130,250 | £395,250 |
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 | 141.899 % | £376,033 | £641,033 |
| 3 Month Average | 66.472 % | £176,149 | £441,149 |
| 6 Month Average | 62.597 % | £165,881 | £430,881 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £567,253 | £560,000 | 11 BEECH ROAD |
| 21 Jul 2023 | £212,865 | £210,000 | 123 BRAMHALL LANE |
| 30 Mar 2023 | £610,754 | £605,000 | 4 HEATHFIELD ROAD |
| 18 Jul 2022 | £393,058 | £392,000 | 50 BRAMHALL LANE |
| 30 Jun 2022 | £507,167 | £500,000 | 5 HEATH CRESCENT |
This house has a floor area of 125 sq meters or 1,348 sq feet when measured on 30 Mar 2012. Using an estimated price of £395,251 means this house is valued at £3,153 per sq meter (£293 per sq foot).
The average size of a house on BEECH ROAD is 153 sq meters (1,650 sq feet).