£172,099
This estimated value is based upon the latest sale price for the house of £134,000 on 28 Jul 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £134,000 | 28 Jul 2017 |
| £131,000 | 7 Feb 2008 |
| £59,950 | 29 Aug 2001 |
| Terraced |
| Freehold |
| Floor Area: 57 sq meters or 613 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 July 2017 the House Price Index for GREATER MANCHESTER was 116.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 28.433%.Applying this 28.433% change to the original purchase price of £134,000 results in an estimated price of approximately £172,099.
| 28 Jul 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 149.7 | 28.433 % | £134,000 | £38,099 | £172,099 |
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 | 39.412 % | £52,811 | £186,811 |
| 3 Month Average | 53.072 % | £71,116 | £205,116 |
| 6 Month Average | 44.441 % | £59,551 | £193,551 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Oct 2023 | £246,601 | £241,000 | 9 ALDERLEY ROAD |
| 12 Oct 2023 | £250,694 | £245,000 | 166 REDDISH ROAD |
| 11 Oct 2023 | £204,648 | £200,000 | 46 NEWARK ROAD |
| 26 Aug 2022 | £219,024 | £218,000 | 10 ALDERLEY ROAD |
| 29 Jul 2022 | £255,056 | £252,500 | 9 NEWARK ROAD |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 7 Jun 2016. Using an estimated price of £172,100 means this house is valued at £3,019 per sq meter (£280 per sq foot).
The average size of a house on ALDERLEY ROAD is 66 sq meters (714 sq feet).