£233,024
This estimated value is based upon the latest sale price for the house of £190,000 on 8 Nov 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £190,000 | 8 Nov 2019 |
| £47,500 | 6 Nov 1998 |
| Semi-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 November 2019 the House Price Index for GREATER MANCHESTER was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £190,000 results in an estimated price of approximately £233,024.
| 8 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £190,000 | £43,024 | £233,024 |
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 | -5.900 % | £-11,210 | £178,789 |
| 3 Month Average | 21.403 % | £40,664 | £230,664 |
| 6 Month Average | 19.530 % | £37,107 | £227,107 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £258,303 | £255,000 | 54 KENSINGTON ROAD |
| 7 Jul 2023 | £223,001 | £220,000 | 21 BORDON ROAD |
| 10 Feb 2023 | £273,816 | £274,000 | 67 KENSINGTON ROAD |
| 27 Jan 2023 | £308,547 | £310,000 | 168 EDGELEY ROAD |
| 21 Nov 2022 | £242,068 | £245,000 | 62 KENSINGTON ROAD |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 17 May 2018. Using an estimated price of £233,025 means this house is valued at £2,240 per sq meter (£208 per sq foot).
The average size of a house on HEATHBANK ROAD is 102 sq meters (1,106 sq feet).