£221,833
This estimated value is based upon the latest sale price for the house of £128,000 on 30 Jun 2011. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£128,000 | 30 Jun 2011 |
£41,500 | 24 Mar 1997 |
Semi-Detached |
Freehold |
Floor Area: 66 sq meters or 715 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 2011 the House Price Index for GREATER MANCHESTER was 85.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 73.308%.Applying this 73.308% change to the original purchase price of £128,000 results in an estimated price of approximately £221,833.
30 Jun 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
85.7 | 148.6 | 73.308 % | £128,000 | £93,833 | £221,833 |
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 | 76.978 % | £98,531 | £226,531 |
3 Month Average | 98.813 % | £126,480 | £254,480 |
6 Month Average | 85.141 % | £108,980 | £236,980 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £244,274 | £240,000 | 17 CALCUTTA ROAD |
11 Aug 2023 | £249,180 | £247,000 | 140 CHEADLE OLD ROAD |
27 Apr 2023 | £232,503 | £230,000 | 15 MOUNTFIELD 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 66 sq meters or 715 sq feet when measured on 26 Apr 2011. Using an estimated price of £221,834 means this house is valued at £3,338 per sq meter (£310 per sq foot).
The average size of a house on MOUNTFIELD ROAD is 85 sq meters (921 sq feet).