£126,596
This estimated value is based upon the latest sale price for the house of £75,000 on 18 Feb 2013. 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 |
|---|---|
| £75,000 | 18 Feb 2013 |
| £45,000 | 5 Dec 2002 |
| £38,500 | 5 Dec 2000 |
| £40,000 | 29 Jan 1997 |
| £40,000 | 29 Jan 1997 |
| Terraced |
| Freehold |
| Floor Area: 61 sq meters or 656 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 February 2013 the House Price Index for GREATER MANCHESTER was 88.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 68.796%.Applying this 68.796% change to the original purchase price of £75,000 results in an estimated price of approximately £126,596.
| 18 Feb 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 148.6 | 68.796 % | £75,000 | £51,596 | £126,596 |
The Postcode Pricing Model uses changes in average sales price within the BL3 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 | 58.414 % | £43,810 | £118,810 |
| 3 Month Average | 75.500 % | £56,624 | £131,624 |
| 6 Month Average | 75.660 % | £56,745 | £131,745 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £146,978 | £145,000 | 48 SANDHILL CLOSE |
| 14 Jun 2023 | £60,736 | £60,000 | 104 RISHTON LANE |
| 24 Feb 2023 | £111,925 | £112,000 | 6 SANDHILL CLOSE |
| 20 Feb 2023 | £89,939 | £90,000 | 197 RISHTON LANE |
| 25 Nov 2022 | £227,247 | £230,000 | 156 RISHTON LANE |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 7 Jul 2014. Using an estimated price of £126,597 means this house is valued at £2,075 per sq meter (£192 per sq foot).
The average size of a house on STONEMEAD CLOSE is 68 sq meters (736 sq feet).