£83,068
This estimated value is based upon the latest sale price for the house of £49,000 on 6 Sep 2010. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £49,000 | 6 Sep 2010 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 840 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 2010 the House Price Index for GREATER MANCHESTER was 87.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.527%.Applying this 69.527% change to the original purchase price of £49,000 results in an estimated price of approximately £83,068.
| 6 Sep 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 148.6 | 69.527 % | £49,000 | £34,068 | £83,068 |
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 | 84.706 % | £41,506 | £90,506 |
| 3 Month Average | 83.086 % | £40,712 | £89,712 |
| 6 Month Average | 88.235 % | £43,235 | £92,235 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £145,547 | £143,000 | 32 CAWOOD SQUARE |
| 3 Nov 2023 | £277,102 | £273,000 | 120 LAPWING LANE |
| 29 Sep 2023 | £197,526 | £195,000 | 31 NORTHWAY |
| 30 Mar 2023 | £149,408 | £148,000 | 13 THE LINK |
| 22 Feb 2023 | £324,781 | £325,000 | 28 BRIGADIER ROAD |
This house has a floor area of 78 sq meters or 840 sq feet when measured on 11 Nov 2009. Using an estimated price of £83,068 means this house is valued at £1,063 per sq meter (£98 per sq foot).