£163,343
This estimated value is based upon the latest sale price for the house of £94,500 on 26 Aug 2011. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £94,500 | 26 Aug 2011 |
| Semi-Detached |
| Leasehold |
| Floor Area: 48 sq meters or 522 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 2011 the House Price Index for GREATER MANCHESTER was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.850%.Applying this 72.850% change to the original purchase price of £94,500 results in an estimated price of approximately £163,343.
| 26 Aug 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.850 % | £94,500 | £68,843 | £163,343 |
The Postcode Pricing Model uses changes in average sales price within the SK5 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 | 69.822 % | £65,981 | £160,481 |
| 3 Month Average | 83.367 % | £78,781 | £173,281 |
| 6 Month Average | 84.505 % | £79,857 | £174,357 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £273,683 | £270,000 | 355 REDDISH ROAD |
| 10 Mar 2023 | £234,207 | £232,000 | 29 MAYPOOL DRIVE |
| 25 Apr 2022 | £236,854 | £230,000 | 9 MAYPOOL DRIVE |
| 4 Mar 2022 | £115,025 | £111,000 | 54 MAYPOOL DRIVE |
| 15 Dec 2021 | £108,745 | £101,500 | 42 MAYPOOL DRIVE |
This house has a floor area of 48 sq meters or 522 sq feet when measured on 17 Feb 2011. Using an estimated price of £163,344 means this house is valued at £3,365 per sq meter (£312 per sq foot).
The average size of a house on MAYPOOL DRIVE is 57 sq meters (616 sq feet).