£165,790
This estimated value is based upon the latest sale price for the house of £116,000 on 28 Aug 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £116,000 | 28 Aug 2015 |
| £89,950 | 14 May 2004 |
| Terraced |
| Freehold |
| Floor Area: 57 sq meters or 613 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 August 2015 the House Price Index for GREATER MANCHESTER was 104.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 42.923%.Applying this 42.923% change to the original purchase price of £116,000 results in an estimated price of approximately £165,790.
| 28 Aug 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 148.6 | 42.923 % | £116,000 | £49,790 | £165,790 |
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 | 61.867 % | £71,766 | £187,766 |
| 3 Month Average | 55.030 % | £63,834 | £179,834 |
| 6 Month Average | 62.635 % | £72,656 | £188,656 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Jul 2023 | £230,857 | £227,750 | 51 BROADSTONE HALL ROAD SOUTH |
| 3 Apr 2023 | £227,348 | £224,900 | 7 EASTCOTE ROAD |
| 21 Sep 2022 | £208,318 | £210,000 | 1 EASTCOTE ROAD |
| 17 Aug 2022 | £219,409 | £220,000 | 12 BROADSTONE HALL ROAD SOUTH |
| 21 Jul 2022 | £145,391 | £145,000 | 10 HANDFORTH ROAD |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 6 Jun 2014. Using an estimated price of £165,790 means this house is valued at £2,908 per sq meter (£270 per sq foot).
The average size of a house on HANDFORTH ROAD is 68 sq meters (738 sq feet).