£1,082,094
This estimated value is based upon the latest sale price for the house of £875,000 on 26 Apr 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £875,000 | 26 Apr 2019 |
| Detached |
| Freehold |
| Floor Area: 278 sq meters or 2,992 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 April 2019 the House Price Index for GREATER MANCHESTER was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.668%.Applying this 23.668% change to the original purchase price of £875,000 results in an estimated price of approximately £1,082,094.
| 26 Apr 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.668 % | £875,000 | £207,094 | £1,082,094 |
The Postcode Pricing Model uses changes in average sales price within the SK4 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 | -16.942 % | £-148,241 | £726,758 |
| 3 Month Average | 5.036 % | £44,069 | £919,069 |
| 6 Month Average | 13.666 % | £119,578 | £994,578 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £396,945 | £390,000 | 68 ALAN ROAD |
| 24 Nov 2023 | £245,637 | £242,000 | 10 THORN BANK LODGE, 150 HEATON MOOR ROAD |
| 22 Sep 2023 | £379,857 | £375,000 | FLAT 11 ELDER COURT, 83 HEATON MOOR ROAD |
| 22 Sep 2023 | £141,813 | £140,000 | FLAT 4 OAKLEIGH, 166 HEATON MOOR ROAD |
| 31 Aug 2023 | £564,942 | £560,000 | 28 MALTON ROAD |
This house has a floor area of 278 sq meters or 2,992 sq feet when measured on 17 May 2018. Using an estimated price of £1,082,095 means this house is valued at £3,892 per sq meter (£361 per sq foot).