£121,566
This estimated value is based upon the latest sale price for the house of £90,000 on 29 Mar 2016. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £90,000 | 29 Mar 2016 |
| £70,000 | 31 Jan 2011 |
| Terraced |
| Leasehold |
| Floor Area: 55 sq meters or 592 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 2016 the House Price Index for GREATER MANCHESTER was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £90,000 results in an estimated price of approximately £121,566.
| 29 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 148.6 | 35.074 % | £90,000 | £31,566 | £121,566 |
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 | 65.082 % | £58,573 | £148,573 |
| 3 Month Average | 64.620 % | £58,157 | £148,157 |
| 6 Month Average | 63.658 % | £57,292 | £147,292 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Jun 2023 | £142,982 | £141,250 | 1 BOWER STREET |
| 23 Jan 2023 | £199,062 | £200,000 | 467 GORTON ROAD |
| 28 Jun 2022 | £171,930 | £169,500 | 485 GORTON ROAD |
| 22 Mar 2022 | £172,020 | £166,000 | 466 GORTON ROAD |
| 2 Dec 2021 | £203,562 | £190,000 | 12 BISPHAM AVENUE |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 20 May 2021. Using an estimated price of £121,566 means this house is valued at £2,210 per sq meter (£205 per sq foot).
The average size of a house on GORTON ROAD is 84 sq meters (911 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | On or near Reddish North (Station) | |
| Mar 2024 | Public order | On or near Reddish North (Station) | |
| Feb 2024 | Possession of weapons | On or near Reddish North (Station) | |
| Feb 2024 | Public order | On or near Reddish North (Station) | |
| Feb 2024 | Other theft | On or near Reddish North (Station) |