£112,194
This estimated value is based upon the latest sale price for the house of £78,500 on 11 Aug 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£78,500 | 11 Aug 2015 |
£72,000 | 12 Jul 2013 |
Terraced |
Freehold |
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 August 2015 the House Price Index for GREATER MANCHESTER was 104.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 42.923%.Applying this 42.923% change to the original purchase price of £78,500 results in an estimated price of approximately £112,194.
11 Aug 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
104.0 | 148.6 | 42.923 % | £78,500 | £33,694 | £112,194 |
The Postcode Pricing Model uses changes in average sales price within the SK15 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 | 67.294 % | £52,825 | £131,325 |
3 Month Average | 26.437 % | £20,753 | £99,253 |
6 Month Average | 25.738 % | £20,204 | £98,704 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Aug 2023 | £116,015 | £115,000 | 9 HAGUE PLACE |
28 Jul 2023 | £135,828 | £134,000 | 17 HAMILTON STREET |
9 Jun 2023 | £131,594 | £130,000 | 67 HAMILTON STREET |
3 Apr 2023 | £136,469 | £135,000 | 48 HANOVER STREET |
24 Mar 2023 | £136,284 | £135,000 | 15 HANOVER STREET |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 16 Dec 2015. Using an estimated price of £112,194 means this house is valued at £1,726 per sq meter (£160 per sq foot).
The average size of a house on HAMILTON STREET is 70 sq meters (757 sq feet).