£240,332
This estimated value is based upon the latest sale price for the house of £179,950 on 10 Jun 2016. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £179,950 | 10 Jun 2016 |
| £120,000 | 23 Apr 2004 |
| £90,000 | 31 Jan 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 June 2016 the House Price Index for GREATER MANCHESTER was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £179,950 results in an estimated price of approximately £240,332.
| 10 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 148.6 | 33.555 % | £179,950 | £60,382 | £240,332 |
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 | 22.356 % | £40,229 | £220,179 |
| 3 Month Average | 43.512 % | £78,299 | £258,249 |
| 6 Month Average | 44.426 % | £79,944 | £259,894 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £262,295 | £260,000 | 4 CASHMERE ROAD |
| 30 Jun 2023 | £253,065 | £250,000 | 14 CASHMERE ROAD |
| 23 Feb 2023 | £324,781 | £325,000 | 1 CASHMERE ROAD |
| 14 Feb 2023 | £189,872 | £190,000 | 130 CHEADLE OLD ROAD |
| 25 Jan 2023 | £572,304 | £575,000 | 133 CHEADLE OLD ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 11 Mar 2016. Using an estimated price of £240,332 means this house is valued at £2,967 per sq meter (£275 per sq foot).
The average size of a house on CASHMERE ROAD is 97 sq meters (1,051 sq feet).