£416,080
This estimated value is based upon the latest sale price for the house of £280,000 on 26 Jan 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £280,000 | 26 Jan 2015 |
| £227,500 | 5 Jul 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 146 sq meters or 1,571 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 January 2015 the House Price Index for GREATER MANCHESTER was 100.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 48.600%.Applying this 48.600% change to the original purchase price of £280,000 results in an estimated price of approximately £416,080.
| 26 Jan 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 148.6 | 48.600 % | £280,000 | £136,080 | £416,080 |
The Postcode Pricing Model uses changes in average sales price within the SK3 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 | 62.613 % | £175,315 | £455,315 |
| 3 Month Average | 74.073 % | £207,405 | £487,405 |
| 6 Month Average | 60.426 % | £169,193 | £449,193 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Feb 2023 | £265,821 | £266,000 | 5 NURSERY LANE |
| 3 Feb 2023 | £279,812 | £280,000 | 1 ARBURY AVENUE |
| 14 Oct 2022 | £298,783 | £302,000 | 274 STOCKPORT ROAD |
| 2 Sep 2022 | £322,397 | £325,000 | 10 ASHMORE AVENUE |
| 28 Feb 2022 | £266,368 | £254,000 | 5 ARBURY AVENUE |
This house has a floor area of 146 sq meters or 1,571 sq feet when measured on 12 Jun 2014. Using an estimated price of £416,080 means this house is valued at £2,849 per sq meter (£264 per sq foot).
The average size of a house on STOCKPORT ROAD is 101 sq meters (1,095 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Local resolution | On or near Bangor Road |