£153,356
This estimated value is based upon the latest sale price for the house of £90,000 on 10 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 |
|---|---|
| £90,000 | 10 Dec 2012 |
| £70,000 | 30 Jun 2010 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 883 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 May 2024 is 149.7 which is a change of 70.396%.Applying this 70.396% change to the original purchase price of £90,000 results in an estimated price of approximately £153,356.
| 10 Dec 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.9 | 149.7 | 70.396 % | £90,000 | £63,356 | £153,356 |
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 | 76.171 % | £68,554 | £158,554 |
| 3 Month Average | 92.559 % | £83,302 | £173,302 |
| 6 Month Average | 87.401 % | £78,661 | £168,661 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £154,755 | £150,000 | 74 SOMERFORD ROAD |
| 30 Nov 2023 | £148,777 | £145,000 | 78 CROMWELL AVENUE |
| 3 Nov 2023 | £248,303 | £242,000 | 101 SOMERFORD ROAD |
| 3 Nov 2023 | £147,237 | £143,500 | 12 CROMWELL AVENUE |
| 20 Oct 2023 | £276,275 | £270,000 | 195 THORNLEY LANE SOUTH |
This house has a floor area of 82 sq meters or 883 sq feet when measured on 29 Feb 2012. Using an estimated price of £153,356 means this house is valued at £1,869 per sq meter (£173 per sq foot).
The average size of a house on WARBECK CLOSE is 118 sq meters (1,275 sq feet).