£142,978
This estimated value is based upon the latest sale price for the house of £82,500 on 20 Jun 2011. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £82,500 | 20 Jun 2011 |
| Terraced |
| Freehold |
| Floor Area: 63 sq meters or 683 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 June 2011 the House Price Index for GREATER MANCHESTER was 85.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 73.308%.Applying this 73.308% change to the original purchase price of £82,500 results in an estimated price of approximately £142,978.
| 20 Jun 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.7 | 148.6 | 73.308 % | £82,500 | £60,478 | £142,978 |
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 | 80.594 % | £66,490 | £148,990 |
| 3 Month Average | 70.326 % | £58,019 | £140,519 |
| 6 Month Average | 92.421 % | £76,247 | £158,747 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jun 2023 | £184,232 | £182,000 | 17 BASLOW GROVE |
| 6 Apr 2023 | £298,211 | £295,000 | 207 REDDISH ROAD |
| 6 Apr 2023 | £235,283 | £232,750 | 6 BASLOW GROVE |
| 26 Aug 2022 | £217,415 | £218,000 | 10 ALDERLEY ROAD |
| 31 May 2022 | £224,225 | £220,000 | 8 AMESBURY GROVE |
This house has a floor area of 63 sq meters or 683 sq feet when measured on 24 Feb 2011. Using an estimated price of £142,979 means this house is valued at £2,251 per sq meter (£209 per sq foot).
The average size of a house on BASLOW GROVE is 70 sq meters (757 sq feet).