£174,531
This estimated value is based upon the latest sale price for the house of £110,000 on 7 Jun 2007. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £110,000 | 7 Jun 2007 |
| £28,600 | 27 Oct 2003 |
| Terraced |
| Freehold |
| Floor Area: 153 sq meters or 1,646 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 2007 the House Price Index for GREATER MANCHESTER was 93.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.665%.Applying this 58.665% change to the original purchase price of £110,000 results in an estimated price of approximately £174,531.
| 7 Jun 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.7 | 148.6 | 58.665 % | £110,000 | £64,531 | £174,531 |
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 | 36.749 % | £40,423 | £150,423 |
| 3 Month Average | 43.860 % | £48,246 | £158,246 |
| 6 Month Average | 58.016 % | £63,817 | £173,817 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £152,671 | £150,000 | 74 SOMERFORD ROAD |
| 30 Nov 2023 | £147,179 | £145,000 | 78 CROMWELL AVENUE |
| 3 Nov 2023 | £145,656 | £143,500 | 12 CROMWELL AVENUE |
| 3 Nov 2023 | £245,637 | £242,000 | 101 SOMERFORD ROAD |
| 29 Sep 2023 | £281,647 | £278,046 | 54 CROMWELL AVENUE |
This house has a floor area of 153 sq meters or 1,646 sq feet when measured on 14 Mar 2014. Using an estimated price of £174,531 means this house is valued at £1,140 per sq meter (£105 per sq foot).
The average size of a house on WARBECK CLOSE is 118 sq meters (1,275 sq feet).
This house is the largest in the street with a floor area of 153 sq meters (1,646 sq feet).