£284,481
This estimated value is based upon the latest sale price for the house of £229,995 on 31 Aug 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £229,995 | 31 Aug 2018 |
| Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 August 2018 the House Price Index for GREATER MANCHESTER was 120.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £229,995 results in an estimated price of approximately £284,481.
| 31 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.6 | 23.690 % | £229,995 | £54,486 | £284,481 |
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 | 13.035 % | £29,980 | £259,975 |
| 3 Month Average | 25.190 % | £57,935 | £287,930 |
| 6 Month Average | 31.851 % | £73,255 | £303,250 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £71,052 | £70,000 | 52 SWANBOURNE GARDENS |
| 16 Mar 2023 | £300,834 | £298,000 | 13 TRILBY DRIVE |
| 23 Feb 2023 | £279,812 | £280,000 | 5 HARRISON GROVE |
| 18 Jan 2023 | £292,622 | £294,000 | 8 HARRISON GROVE |
| 28 Oct 2022 | £331,431 | £335,000 | 2 BOATER STREET |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 24 Jul 2018. Using an estimated price of £284,482 means this house is valued at £3,307 per sq meter (£307 per sq foot).
The average size of a house on EUROPA WAY is 87 sq meters (945 sq feet).