£198,645
This estimated value is based upon the latest sale price for the house of £117,000 on 12 Oct 2012. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£117,000 | 12 Oct 2012 |
£55,000 | 11 Dec 2000 |
Terraced |
Freehold |
Floor Area: 65 sq meters or 707 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 2012 the House Price Index for GREATER MANCHESTER was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.783%.Applying this 69.783% change to the original purchase price of £117,000 results in an estimated price of approximately £198,645.
12 Oct 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.5 | 148.6 | 69.783 % | £117,000 | £81,645 | £198,645 |
The Postcode Pricing Model uses changes in average sales price within the SK2 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 | 160.864 % | £188,211 | £305,211 |
3 Month Average | 85.078 % | £99,541 | £216,541 |
6 Month Average | 75.503 % | £88,338 | £205,338 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Dec 2023 | £203,562 | £200,000 | 130 LISBURNE LANE |
20 Nov 2023 | £301,971 | £297,500 | 1 SUNDIAL ROAD |
7 Sep 2023 | £531,800 | £525,000 | 80 MARPLE ROAD |
26 Jul 2023 | £438,907 | £433,000 | 26 OFFERTON DRIVE |
25 Apr 2023 | £184,992 | £183,000 | 140 LISBURNE LANE |
This house has a floor area of 65 sq meters or 707 sq feet when measured on 9 Jan 2012. Using an estimated price of £198,646 means this house is valued at £3,023 per sq meter (£280 per sq foot).
The average size of a house on LISBURNE CLOSE is 96 sq meters (1,043 sq feet).