£192,401
This estimated value is based upon the latest sale price for the house of £125,000 on 18 Jul 2014. 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 |
|---|---|
| £125,000 | 18 Jul 2014 |
| Terraced |
| Freehold |
| Floor Area: 53 sq meters or 570 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 July 2014 the House Price Index for GREATER MANCHESTER was 97.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 53.921%.Applying this 53.921% change to the original purchase price of £125,000 results in an estimated price of approximately £192,401.
| 18 Jul 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 149.7 | 53.921 % | £125,000 | £67,401 | £192,401 |
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 | 56.069 % | £70,086 | £195,086 |
| 3 Month Average | 70.011 % | £87,513 | £212,513 |
| 6 Month Average | 67.678 % | £84,597 | £209,597 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Apr 2024 | £191,664 | £190,000 | 6 WESTBOURNE GROVE |
| 29 Sep 2023 | £168,719 | £165,000 | 7 AINSDALE GROVE |
| 29 Sep 2023 | £196,328 | £192,000 | 114 GORTON ROAD |
| 16 Aug 2023 | £336,061 | £330,000 | 6 SYKES STREET |
| 30 Jun 2023 | £336,748 | £330,000 | 10 SYKES STREET |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 8 Oct 2021. Using an estimated price of £192,402 means this house is valued at £3,630 per sq meter (£337 per sq foot).
The average size of a house on WESTBOURNE GROVE is 88 sq meters (955 sq feet).
This house is the smallest in the street with a floor area of 53 sq meters (570 sq feet).