£493,752
This estimated value is based upon the latest sale price for the house of £370,850 on 3 Aug 2016. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £370,850 | 3 Aug 2016 |
| £335,000 | 6 Sep 2007 |
| Detached |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 2016 the House Price Index for GREATER MANCHESTER was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £370,850 results in an estimated price of approximately £493,752.
| 3 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.141 % | £370,850 | £122,902 | £493,752 |
The Postcode Pricing Model uses changes in average sales price within the SK15 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 | 60.417 % | £224,057 | £594,907 |
| 3 Month Average | 20.397 % | £75,643 | £446,493 |
| 6 Month Average | 17.999 % | £66,747 | £437,597 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £170,483 | £167,500 | 44 DEMESNE DRIVE |
| 27 Mar 2023 | £466,394 | £462,000 | 14 MOTTRAM OLD ROAD |
| 24 Feb 2023 | £449,697 | £450,000 | 16 SHAW MOOR AVENUE |
| 13 Jan 2023 | £373,958 | £375,720 | 11 STOCKS GARDENS |
| 28 Oct 2022 | £776,638 | £785,000 | 57 MOTTRAM OLD ROAD |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 1 Apr 2015. Using an estimated price of £493,752 means this house is valued at £4,747 per sq meter (£441 per sq foot).
The average size of a house on MOTTRAM OLD ROAD is 180 sq meters (1,939 sq feet).