£527,310
This estimated value is based upon the latest sale price for the house of £335,000 on 13 Mar 2014. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £335,000 | 13 Mar 2014 |
| £60,000 | 6 Jan 1995 |
| Semi-Detached |
| Leasehold |
| Floor Area: 141 sq meters or 1,517 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 March 2014 the House Price Index for GREATER MANCHESTER was 94.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.406%.Applying this 57.406% change to the original purchase price of £335,000 results in an estimated price of approximately £527,310.
| 13 Mar 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.4 | 148.6 | 57.406 % | £335,000 | £192,310 | £527,310 |
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 | -16.272 % | £-54,509 | £280,490 |
| 3 Month Average | 59.820 % | £200,397 | £535,397 |
| 6 Month Average | 47.598 % | £159,454 | £494,454 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Mar 2024 | £252,000 | £252,000 | 17 ELLESMERE ROAD NORTH |
| 15 Dec 2023 | £371,500 | £365,000 | 1 SOUTHGATE |
| 7 Nov 2023 | £350,184 | £345,000 | 9 HEATHFIELD AVENUE |
| 5 Jul 2023 | £349,707 | £345,000 | 441 MANCHESTER ROAD |
| 24 Feb 2023 | £629,576 | £630,000 | 21 ELLESMERE ROAD NORTH |
This house has a floor area of 141 sq meters or 1,517 sq feet when measured on 1 Nov 2013. Using an estimated price of £527,311 means this house is valued at £3,739 per sq meter (£347 per sq foot).
The average size of a house on HEATHFIELD AVENUE is 138 sq meters (1,488 sq feet).