£222,813
This estimated value is based upon the latest sale price for the house of £160,000 on 4 Nov 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£160,000 | 4 Nov 2015 |
£112,500 | 21 Oct 2005 |
Terraced |
Freehold |
Floor Area: 98 sq meters or 1,054 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 November 2015 the House Price Index for GREATER MANCHESTER was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £160,000 results in an estimated price of approximately £222,813.
4 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
106.7 | 148.6 | 39.258 % | £160,000 | £62,813 | £222,813 |
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 | 35.048 % | £56,076 | £216,076 |
3 Month Average | 42.429 % | £67,886 | £227,886 |
6 Month Average | 57.466 % | £91,944 | £251,944 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £194,487 | £192,000 | 114 GORTON ROAD |
3 Mar 2023 | £403,804 | £400,000 | METHODIST & UNITED REFORMED CHRIST CHURCH GORTON ROAD |
3 Mar 2023 | £232,188 | £230,000 | 121 GORTON ROAD |
30 Jun 2022 | £209,967 | £207,000 | 182 GORTON ROAD |
30 Jun 2022 | £218,082 | £215,000 | 119 GORTON ROAD |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 30 Jul 2015. Using an estimated price of £222,814 means this house is valued at £2,273 per sq meter (£211 per sq foot).
The average size of a house on LILLIAN GROVE is 158 sq meters (1,700 sq feet).
This house is the smallest in the street with a floor area of 98 sq meters (1,054 sq feet).