£142,081
This estimated value is based upon the latest sale price for the house of £115,000 on 21 Jun 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £115,000 | 21 Jun 2019 |
| £95,000 | 31 Aug 2017 |
| £96,000 | 25 Apr 2008 |
| Terraced |
| 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 June 2019 the House Price Index for GREATER MANCHESTER was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.549%.Applying this 23.549% change to the original purchase price of £115,000 results in an estimated price of approximately £142,081.
| 21 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.549 % | £115,000 | £27,081 | £142,081 |
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 | 12.708 % | £14,613 | £129,613 |
| 3 Month Average | 21.567 % | £24,802 | £139,802 |
| 6 Month Average | 25.064 % | £28,823 | £143,823 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Mar 2024 | £120,000 | £120,000 | 28 NORTHUMBERLAND ROAD |
| 12 Dec 2023 | £137,404 | £135,000 | 24 NORTHUMBERLAND ROAD |
| 30 Nov 2023 | £136,014 | £134,000 | 22 KESTON CRESCENT |
| 16 Nov 2023 | £121,803 | £120,000 | 86 NORTHUMBERLAND ROAD |
| 22 Sep 2023 | £182,331 | £180,000 | 20 SHROPSHIRE AVENUE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 9 Jun 2017. Using an estimated price of £142,081 means this house is valued at £1,946 per sq meter (£180 per sq foot).
The average size of a house on MIDDLESEX ROAD is 85 sq meters (915 sq feet).