£113,988
This estimated value is based upon the latest sale price for the house of £110,000 on 31 Mar 2022. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £110,000 | 31 Mar 2022 |
| £110,000 | 20 Dec 2012 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 53 sq meters or 570 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 March 2022 the House Price Index for GREATER MANCHESTER was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £110,000 results in an estimated price of approximately £113,988.
| 31 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.6 | 3.626 % | £110,000 | £3,988 | £113,988 |
The Postcode Pricing Model uses changes in average sales price within the SK15 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 | -50.549 % | £-55,603 | £54,396 |
| 3 Month Average | -28.582 % | £-31,439 | £78,560 |
| 6 Month Average | -3.417 % | £-3,759 | £106,240 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Jun 2023 | £217,636 | £215,000 | 22 CYPRESS OAKS |
| 17 Feb 2023 | £309,792 | £310,000 | 18 CYPRESS OAKS |
| 8 Aug 2022 | £304,181 | £305,000 | 6 MAPLEWOOD GROVE |
| 5 Aug 2022 | £251,323 | £252,000 | 55 CYPRESS OAKS |
| 4 Aug 2022 | £232,043 | £232,668 | 32 CYPRESS OAKS |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 11 Dec 2012. Using an estimated price of £113,989 means this house is valued at £2,150 per sq meter (£199 per sq foot).
The average size of a house on CYPRESS OAKS is 86 sq meters (934 sq feet).