£182,238
This estimated value is based upon the latest sale price for the house of £172,500 on 11 Feb 2022. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£172,500 | 11 Feb 2022 |
£140,000 | 24 Jan 2018 |
£90,000 | 20 Dec 2016 |
Terraced |
Freehold |
Floor Area: 84 sq meters or 904 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 2022 the House Price Index for GREATER MANCHESTER was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £172,500 results in an estimated price of approximately £182,238.
11 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.7 | 149.7 | 5.646 % | £172,500 | £9,738 | £182,238 |
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 | -18.320 % | £-31,601 | £140,898 |
3 Month Average | 7.220 % | £12,454 | £184,954 |
6 Month Average | 2.251 % | £3,883 | £176,383 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Apr 2024 | £143,244 | £142,000 | 64 REDDISH ROAD |
19 Dec 2023 | £299,194 | £290,000 | 70 GREG STREET |
12 Sep 2023 | £116,570 | £114,000 | 11 HASTON CLOSE |
5 Sep 2023 | £276,086 | £270,000 | 26 GREG STREET |
10 Aug 2023 | £141,553 | £139,000 | 58 REDDISH ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 29 Nov 2016. Using an estimated price of £182,239 means this house is valued at £2,169 per sq meter (£201 per sq foot).
The average size of a house on GREG STREET is 80 sq meters (867 sq feet).