£168,856
This estimated value is based upon the latest sale price for the house of £136,600 on 24 May 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £136,600 | 24 May 2019 |
| £95,000 | 21 Jul 2016 |
| £39,000 | 23 Sep 2002 |
| Terraced |
| Leasehold |
| Floor Area: 65 sq meters or 699 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 May 2019 the House Price Index for GREATER MANCHESTER was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.614%.Applying this 23.614% change to the original purchase price of £136,600 results in an estimated price of approximately £168,856.
| 24 May 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.614 % | £136,600 | £32,256 | £168,856 |
The Postcode Pricing Model uses changes in average sales price within the SK3 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 | 8.040 % | £10,982 | £147,582 |
| 3 Month Average | 21.904 % | £29,920 | £166,520 |
| 6 Month Average | 29.236 % | £39,935 | £176,535 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Sep 2023 | £184,864 | £182,500 | 15 DERBY STREET |
| 3 Jul 2023 | £81,091 | £80,000 | 91 CASTLE STREET |
| 24 Apr 2023 | £148,600 | £147,000 | 107 OLD CHAPEL STREET |
| 21 Apr 2023 | £187,014 | £185,000 | 24 ST MATTHEWS ROAD |
| 1 Mar 2023 | £5,048 | £5,000 | 87 CASTLE STREET |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 4 Apr 2016. Using an estimated price of £168,856 means this house is valued at £2,597 per sq meter (£241 per sq foot).
The average size of a house on STOPFORD STREET is 70 sq meters (760 sq feet).