£282,773
This estimated value is based upon the latest sale price for the house of £217,500 on 15 Feb 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £217,500 | 15 Feb 2017 |
| Terraced |
| Leasehold |
| Floor Area: 96 sq meters or 1,033 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 2017 the House Price Index for GREATER MANCHESTER was 114.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.011%.Applying this 30.011% change to the original purchase price of £217,500 results in an estimated price of approximately £282,773.
| 15 Feb 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 148.6 | 30.011 % | £217,500 | £65,273 | £282,773 |
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 | -33.629 % | £-73,143 | £144,356 |
| 3 Month Average | 29.509 % | £64,181 | £281,681 |
| 6 Month Average | 23.966 % | £52,125 | £269,625 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £431,387 | £425,000 | 18 GOWER ROAD |
| 18 Aug 2023 | £307,692 | £305,000 | 190 LLOYD STREET |
| 14 Apr 2023 | £449,844 | £445,000 | 11 GLENFIELD ROAD |
| 24 Mar 2023 | £343,234 | £340,000 | 23 GOWER ROAD |
| 27 Jan 2023 | £272,715 | £274,000 | 156 LLOYD STREET |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 23 Sep 2016. Using an estimated price of £282,774 means this house is valued at £2,945 per sq meter (£273 per sq foot).
The average size of a house on EMPRESS DRIVE is 85 sq meters (925 sq feet).