£180,110
This estimated value is based upon the latest sale price for the house of £54,950 on 7 Sep 2001. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £54,950 | 7 Sep 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 September 2001 the House Price Index for GREATER MANCHESTER was 45.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 227.771%.Applying this 227.771% change to the original purchase price of £54,950 results in an estimated price of approximately £180,110.
| 7 Sep 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 45.3 | 148.6 | 227.771 % | £54,950 | £125,160 | £180,110 |
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 | 258.804 % | £142,212 | £197,162 |
| 3 Month Average | 247.062 % | £135,760 | £190,710 |
| 6 Month Average | 284.326 % | £156,237 | £211,187 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Sep 2023 | £238,044 | £235,000 | 23 SOMERS ROAD |
| 28 Jul 2023 | £179,415 | £177,000 | 43 LINDFIELD ROAD |
| 20 Jul 2023 | £189,805 | £187,250 | 30 DENSTONE ROAD |
| 17 Jul 2023 | £169,278 | £167,000 | 15 LEWIS ROAD |
| 30 Jun 2023 | £200,428 | £198,000 | 10 LINDFIELD ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 17 Dec 2012. Using an estimated price of £180,110 means this house is valued at £2,401 per sq meter (£223 per sq foot).
The average size of a house on SOMERS ROAD is 85 sq meters (924 sq feet).