£256,005
This estimated value is based upon the latest sale price for the house of £136,000 on 18 Nov 2004. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£136,000 | 18 Nov 2004 |
£41,500 | 21 Jul 1995 |
Terraced |
Freehold |
Floor Area: 81 sq meters or 880 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 2004 the House Price Index for GREATER MANCHESTER was 78.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 88.239%.Applying this 88.239% change to the original purchase price of £136,000 results in an estimated price of approximately £256,005.
18 Nov 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
78.9 | 148.6 | 88.239 % | £136,000 | £120,005 | £256,005 |
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 | 63.876 % | £86,870 | £222,870 |
3 Month Average | 98.042 % | £133,336 | £269,336 |
6 Month Average | 86.973 % | £118,283 | £254,283 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Aug 2023 | £234,048 | £232,000 | 8 CRICCIETH ROAD |
30 Jun 2023 | £222,698 | £220,000 | 3 DANE AVENUE |
14 Jul 2022 | £105,283 | £105,000 | 17A WALNUT TREE ROAD |
6 Apr 2022 | £319,238 | £310,000 | 39 CRICCIETH ROAD |
25 Mar 2022 | £212,434 | £205,000 | 5 DANE AVENUE |
This house has a floor area of 81 sq meters or 880 sq feet when measured on 4 Feb 2012. Using an estimated price of £256,006 means this house is valued at £3,130 per sq meter (£290 per sq foot).
The average size of a house on DANE AVENUE is 85 sq meters (925 sq feet).