£184,740
This estimated value is based upon the latest sale price for the house of £183,000 on 31 Mar 2023. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £183,000 | 31 Mar 2023 |
| £139,000 | 8 Mar 2019 |
| £88,000 | 1 Jul 2011 |
| £112,000 | 2 Aug 2006 |
| £59,950 | 6 Sep 2002 |
| £44,450 | 22 Jun 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 71 sq meters or 764 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 March 2023 the House Price Index for GREATER MANCHESTER was 147.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.951%.Applying this 0.951% change to the original purchase price of £183,000 results in an estimated price of approximately £184,740.
| 31 Mar 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 148.6 | 0.951 % | £183,000 | £1,740 | £184,740 |
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 | -38.039 % | £-69,611 | £113,388 |
| 3 Month Average | -21.524 % | £-39,389 | £143,610 |
| 6 Month Average | -13.172 % | £-24,105 | £158,894 |
| 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 71 sq meters or 764 sq feet when measured on 15 Nov 2018. Using an estimated price of £184,740 means this house is valued at £2,601 per sq meter (£241 per sq foot).
The average size of a house on SOMERS ROAD is 85 sq meters (924 sq feet).