£297,710
This estimated value is based upon the latest sale price for the house of £54,750 on 22 Nov 1996. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £54,750 | 22 Nov 1996 |
| Semi-Detached |
| Leasehold |
| 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 November 1996 the House Price Index for GREATER MANCHESTER was 27.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 443.763%.Applying this 443.763% change to the original purchase price of £54,750 results in an estimated price of approximately £297,710.
| 22 Nov 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.3 | 148.6 | 443.763 % | £54,750 | £242,960 | £297,710 |
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 | 360.567 % | £197,410 | £252,160 |
| 3 Month Average | 440.106 % | £240,957 | £295,707 |
| 6 Month Average | 413.799 % | £226,554 | £281,304 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Jul 2023 | £192,592 | £190,000 | 14 MARSH CLOSE |
| 27 Jun 2023 | £288,849 | £285,350 | 13 PETREL CLOSE |
| 7 Feb 2023 | £174,882 | £175,000 | 16 MARTON GREEN |
| 12 Jan 2023 | £194,086 | £195,000 | 17 PETREL CLOSE |
| 16 Aug 2022 | £324,128 | £325,000 | 5 PETREL CLOSE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 23 Jul 2013. Using an estimated price of £297,710 means this house is valued at £4,193 per sq meter (£389 per sq foot).
The average size of a house on MARSH CLOSE is 74 sq meters (802 sq feet).