£70,573
This estimated value is based upon the latest sale price for the house of £62,500 on 30 Apr 2021. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£62,500 | 30 Apr 2021 |
Flats/Maisonettes |
Leasehold |
Floor Area: 59 sq meters or 635 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 2021 the House Price Index for GREATER MANCHESTER was 131.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 12.918%.Applying this 12.918% change to the original purchase price of £62,500 results in an estimated price of approximately £70,573.
30 Apr 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
131.6 | 148.6 | 12.918 % | £62,500 | £8,073 | £70,573 |
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 | 9.264 % | £5,790 | £68,290 |
3 Month Average | 24.004 % | £15,002 | £77,502 |
6 Month Average | -3.732 % | £-2,332 | £60,167 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Aug 2023 | £216,897 | £215,000 | 42 RANGE ROAD |
14 Apr 2023 | £295,178 | £292,000 | 43 ABBEYFIELD CLOSE |
12 Apr 2023 | £217,340 | £215,000 | 114 RANGE ROAD |
24 Feb 2023 | £224,849 | £225,000 | 32 ABBEYFIELD CLOSE |
28 Oct 2022 | £128,615 | £130,000 | 82 RANGE ROAD |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 21 Aug 2019. Using an estimated price of £70,574 means this house is valued at £1,196 per sq meter (£111 per sq foot).
The average size of a house on RANGE ROAD is 73 sq meters (790 sq feet).