£274,889
This estimated value is based upon the latest sale price for the house of £265,270 on 25 Mar 2022. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£265,270 | 25 Mar 2022 |
£167,500 | 13 Apr 2016 |
Terraced |
Freehold |
Floor Area: 88 sq meters or 947 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 March 2022 the House Price Index for GREATER MANCHESTER was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £265,270 results in an estimated price of approximately £274,889.
25 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
143.4 | 148.6 | 3.626 % | £265,270 | £9,619 | £274,889 |
The Postcode Pricing Model uses changes in average sales price within the M18 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 | 35.530 % | £94,251 | £359,521 |
3 Month Average | 42.639 % | £113,108 | £378,378 |
6 Month Average | 12.941 % | £34,328 | £299,598 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Jul 2023 | £258,479 | £255,000 | 3 FARLEY AVENUE |
14 Jul 2023 | £265,574 | £262,000 | 6 FARLEY AVENUE |
28 Apr 2023 | £232,503 | £230,000 | 33 KINGSDALE ROAD |
24 Feb 2023 | £264,822 | £265,000 | 16 ELFORD GROVE |
9 Feb 2023 | £229,845 | £230,000 | 673 MANCHESTER ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 14 Mar 2016. Using an estimated price of £274,889 means this house is valued at £3,123 per sq meter (£290 per sq foot).
The average size of a house on KINGSDALE ROAD is 112 sq meters (1,207 sq feet).