£179,301
This estimated value is based upon the latest sale price for the house of £103,000 on 29 Jul 2011. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£103,000 | 29 Jul 2011 |
£80,000 | 8 Nov 2002 |
£28,000 | 3 Nov 1995 |
Terraced |
Freehold |
Floor Area: 78 sq meters or 839 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 2011 the House Price Index for GREATER MANCHESTER was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.080%.Applying this 74.080% change to the original purchase price of £103,000 results in an estimated price of approximately £179,301.
29 Jul 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 149.7 | 74.080 % | £103,000 | £76,301 | £179,301 |
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 | 61.064 % | £62,896 | £165,896 |
3 Month Average | 97.110 % | £100,023 | £203,023 |
6 Month Average | 88.704 % | £91,365 | £194,365 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Apr 2024 | £143,244 | £142,000 | 64 REDDISH ROAD |
19 Dec 2023 | £190,865 | £185,000 | 13 HILDA GROVE |
25 Aug 2023 | £295,327 | £290,000 | 13 CLARE ROAD |
11 Aug 2023 | £234,224 | £230,000 | 22 HILDA GROVE |
10 Aug 2023 | £141,553 | £139,000 | 58 REDDISH ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 1 Nov 2017. Using an estimated price of £179,302 means this house is valued at £2,298 per sq meter (£213 per sq foot).
The average size of a house on HILDA GROVE is 77 sq meters (830 sq feet).