£504,782
This estimated value is based upon the latest sale price for the house of £379,995 on 30 Sep 2016. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£379,995 | 30 Sep 2016 |
Detached |
Leasehold |
Floor Area: 119 sq meters or 1,280 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 September 2016 the House Price Index for GREATER MANCHESTER was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £379,995 results in an estimated price of approximately £504,782.
30 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.9 | 148.6 | 32.839 % | £379,995 | £124,787 | £504,782 |
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 | -25.364 % | £-96,380 | £283,614 |
3 Month Average | 30.863 % | £117,276 | £497,271 |
6 Month Average | 26.518 % | £100,767 | £480,762 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £625,952 | £615,000 | 38 KINGSTON GROVE |
20 Mar 2023 | £673,849 | £667,500 | 5 MERTON CRESCENT |
17 Feb 2023 | £514,654 | £515,000 | 7 KINGSTON GROVE |
11 Apr 2022 | £370,728 | £360,000 | 49 HARROW DRIVE |
7 Sep 2021 | £511,626 | £474,786 | 27 KINGSTON GROVE |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 12 Feb 2016. Using an estimated price of £504,782 means this house is valued at £4,241 per sq meter (£394 per sq foot).
The average size of a house on KINGSTON GROVE is 125 sq meters (1,354 sq feet).