£214,953
This estimated value is based upon the latest sale price for the house of £113,995 on 16 Dec 2004. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£113,995 | 16 Dec 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 49 sq meters or 532 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 December 2004 the House Price Index for GREATER MANCHESTER was 78.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 88.564%.Applying this 88.564% change to the original purchase price of £113,995 results in an estimated price of approximately £214,953.
16 Dec 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
78.8 | 148.6 | 88.564 % | £113,995 | £100,958 | £214,953 |
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 | 67.741 % | £77,221 | £191,216 |
3 Month Average | 94.461 % | £107,680 | £221,675 |
6 Month Average | 89.530 % | £102,059 | £216,054 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £151,700 | £151,700 | 33 CHELBURN COURT |
1 Nov 2023 | £223,306 | £220,000 | 151A ADSWOOD ROAD |
30 Jun 2023 | £141,717 | £140,000 | 4 CHELBURN COURT |
14 Apr 2023 | £295,178 | £292,000 | 43 ABBEYFIELD CLOSE |
31 Mar 2023 | £78,237 | £77,500 | 23 CHELBURN COURT |
This house has a floor area of 49 sq meters or 532 sq feet when measured on 5 Feb 2009. Using an estimated price of £214,953 means this house is valued at £4,344 per sq meter (£403 per sq foot).
The average size of a house on CHELBURN COURT is 58 sq meters (627 sq feet).