£269,589
This estimated value is based upon the latest sale price for the house of £217,995 on 5 Apr 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£217,995 | 5 Apr 2019 |
Detached |
Freehold |
Floor Area: 74 sq meters or 796 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 April 2019 the House Price Index for GREATER MANCHESTER was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.668%.Applying this 23.668% change to the original purchase price of £217,995 results in an estimated price of approximately £269,589.
5 Apr 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.2 | 148.6 | 23.668 % | £217,995 | £51,594 | £269,589 |
The Postcode Pricing Model uses changes in average sales price within the SK3 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 | 11.403 % | £24,857 | £242,852 |
3 Month Average | 24.088 % | £52,511 | £270,506 |
6 Month Average | 23.469 % | £51,161 | £269,156 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £217,500 | £217,500 | 14 ALEXANDRA CLOSE |
20 Jun 2023 | £278,372 | £275,000 | 170 PETERSBURG ROAD |
6 Apr 2023 | £323,483 | £320,000 | 157 PETERSBURG ROAD |
16 Mar 2023 | £300,834 | £298,000 | 13 TRILBY DRIVE |
24 Feb 2023 | £324,781 | £325,000 | 177 PETERSBURG ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 15 Mar 2019. Using an estimated price of £269,590 means this house is valued at £3,643 per sq meter (£338 per sq foot).
The average size of a house on BOWLER PLACE is 84 sq meters (905 sq feet).