£448,505
This estimated value is based upon the latest sale price for the house of £193,500 on 22 Aug 2003. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £193,500 | 22 Aug 2003 |
| Detached |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 August 2003 the House Price Index for GREATER MANCHESTER was 64.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 131.786%.Applying this 131.786% change to the original purchase price of £193,500 results in an estimated price of approximately £448,505.
| 22 Aug 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 64.6 | 149.7 | 131.786 % | £193,500 | £255,005 | £448,505 |
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 | 149.543 % | £289,364 | £482,864 |
| 3 Month Average | 124.775 % | £241,439 | £434,939 |
| 6 Month Average | 141.281 % | £273,379 | £466,879 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Apr 2024 | £332,891 | £330,000 | 7 OAK TREE CLOSE |
| 6 Oct 2023 | £404,180 | £395,000 | 14 FIRETHORN DRIVE |
| 26 Apr 2023 | £142,668 | £140,000 | 31 OAKLANDS DENE |
| 23 Feb 2023 | £402,690 | £400,000 | 29 HAZELWOOD CLOSE |
| 6 Jan 2023 | £561,500 | £560,000 | 22 OAKLANDS ROAD |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 24 Nov 2021. Using an estimated price of £448,506 means this house is valued at £4,354 per sq meter (£404 per sq foot).
The average size of a house on FIRETHORN DRIVE is 112 sq meters (1,205 sq feet).