£132,147
This estimated value is based upon the latest sale price for the house of £107,125 on 4 Dec 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £107,125 | 4 Dec 2018 |
| £67,000 | 14 Sep 2007 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 December 2018 the House Price Index for GREATER MANCHESTER was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.358%.Applying this 23.358% change to the original purchase price of £107,125 results in an estimated price of approximately £132,147.
| 4 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.358 % | £107,125 | £25,022 | £132,147 |
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 | 17.574 % | £18,825 | £125,950 |
| 3 Month Average | 22.512 % | £24,116 | £131,241 |
| 6 Month Average | 25.258 % | £27,057 | £134,182 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £188,295 | £185,000 | 13 HILDA GROVE |
| 11 Aug 2023 | £232,030 | £230,000 | 22 HILDA GROVE |
| 10 Aug 2023 | £140,227 | £139,000 | 58 REDDISH ROAD |
| 28 Apr 2023 | £136,975 | £135,500 | 62 REDDISH ROAD |
| 28 Apr 2023 | £212,286 | £210,000 | 68 HILDA GROVE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 26 Jan 2015. Using an estimated price of £132,147 means this house is valued at £1,672 per sq meter (£155 per sq foot).
The average size of a house on MELTON STREET is 66 sq meters (720 sq feet).
This house is the largest in the street with a floor area of 79 sq meters (850 sq feet).