£190,286
This estimated value is based upon the latest sale price for the house of £112,500 on 17 Dec 2012. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £112,500 | 17 Dec 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 2012 the House Price Index for GREATER MANCHESTER was 87.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.144%.Applying this 69.144% change to the original purchase price of £112,500 results in an estimated price of approximately £190,286.
| 17 Dec 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.9 | 148.6 | 69.144 % | £112,500 | £77,786 | £190,286 |
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 | 82.178 % | £92,449 | £204,949 |
| 3 Month Average | 67.728 % | £76,194 | £188,694 |
| 6 Month Average | 83.565 % | £94,010 | £206,510 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Sep 2023 | £238,044 | £235,000 | 23 SOMERS ROAD |
| 28 Jul 2023 | £179,415 | £177,000 | 43 LINDFIELD ROAD |
| 20 Jul 2023 | £189,805 | £187,250 | 30 DENSTONE ROAD |
| 30 Jun 2023 | £200,428 | £198,000 | 10 LINDFIELD ROAD |
| 31 Mar 2023 | £151,427 | £150,000 | 32 DENSTONE ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 26 Oct 2012. Using an estimated price of £190,287 means this house is valued at £2,212 per sq meter (£205 per sq foot).
The average size of a house on LINDFIELD ROAD is 76 sq meters (828 sq feet).