£175,962
This estimated value is based upon the latest sale price for the house of £150,000 on 9 Oct 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£150,000 | 9 Oct 2020 |
Semi-Detached |
Freehold |
Floor Area: 90 sq meters or 968 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 October 2020 the House Price Index for GREATER MANCHESTER was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £150,000 results in an estimated price of approximately £175,962.
9 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
126.7 | 148.6 | 17.308 % | £150,000 | £25,962 | £175,962 |
The Postcode Pricing Model uses changes in average sales price within the SK1 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 | 32.652 % | £48,977 | £198,977 |
3 Month Average | 12.471 % | £18,705 | £168,705 |
6 Month Average | 30.208 % | £45,312 | £195,312 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Aug 2023 | £169,483 | £168,000 | 4 HINTON MEWS TURNCROFT LANE |
4 Aug 2023 | £201,765 | £200,000 | 266 TURNCROFT LANE |
2 Jun 2023 | £161,962 | £160,000 | 64 FORBES ROAD |
17 Mar 2023 | £262,422 | £259,950 | 149 TURNCROFT LANE |
20 Oct 2022 | £284,437 | £287,500 | 175 TURNCROFT LANE |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 31 Aug 2016. Using an estimated price of £175,962 means this house is valued at £1,955 per sq meter (£181 per sq foot).
The average size of a house on TURNCROFT LANE is 90 sq meters (971 sq feet).