£260,022
This estimated value is based upon the latest sale price for the house of £208,952 on 8 Feb 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£208,952 | 8 Feb 2019 |
Terraced |
Freehold |
Floor Area: 109 sq meters or 1,173 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 February 2019 the House Price Index for GREATER MANCHESTER was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.441%.Applying this 24.441% change to the original purchase price of £208,952 results in an estimated price of approximately £260,022.
8 Feb 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.441 % | £208,952 | £51,070 | £260,022 |
The Postcode Pricing Model uses changes in average sales price within the SK14 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 | 56.816 % | £118,718 | £327,670 |
3 Month Average | 29.946 % | £62,571 | £271,523 |
6 Month Average | 30.605 % | £63,949 | £272,901 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Apr 2024 | £267,321 | £265,000 | 7 STEEPLE VIEW CLOSE |
15 Mar 2024 | £294,525 | £290,000 | 38 SNOWDONIA WAY |
4 Apr 2023 | £147,764 | £145,000 | 5 BREDBURY STREET |
28 Mar 2023 | £96,613 | £95,000 | 16 FIELD STREET |
17 Mar 2023 | £170,853 | £168,000 | 134 BENNETT STREET |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 1 Aug 2018. Using an estimated price of £292,632 means this house is valued at £2,684 per sq meter (£249 per sq foot).
The average size of a house on STEEPLE VIEW CLOSE is 103 sq meters (1,116 sq feet).