£115,071
This estimated value is based upon the latest sale price for the house of £70,000 on 13 Sep 2013. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £70,000 | 13 Sep 2013 |
| £22,680 | 27 May 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 September 2013 the House Price Index for GREATER MANCHESTER was 90.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 64.388%.Applying this 64.388% change to the original purchase price of £70,000 results in an estimated price of approximately £115,071.
| 13 Sep 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.4 | 148.6 | 64.388 % | £70,000 | £45,071 | £115,071 |
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 | 72.852 % | £50,996 | £120,996 |
| 3 Month Average | 65.023 % | £45,516 | £115,516 |
| 6 Month Average | 83.200 % | £58,240 | £128,240 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £205,800 | £204,000 | 10 CONISTON ROAD |
| 4 Aug 2023 | £145,271 | £144,000 | 42 BROOMFIELD DRIVE |
| 17 Mar 2023 | £218,054 | £216,000 | 22 CONISTON ROAD |
| 7 Mar 2023 | £264,492 | £262,000 | 257 REDDISH ROAD |
| 2 Mar 2023 | £137,596 | £136,300 | 36 BROOMFIELD DRIVE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 4 Aug 2013. Using an estimated price of £115,072 means this house is valued at £1,576 per sq meter (£146 per sq foot).
The average size of a house on SOUTHCLIFFE ROAD is 90 sq meters (973 sq feet).