£165,517
This estimated value is based upon the latest sale price for the house of £89,000 on 14 Jun 2005. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £89,000 | 14 Jun 2005 |
| £19,000 | 19 Jun 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 June 2005 the House Price Index for GREATER MANCHESTER was 80.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 85.975%.Applying this 85.975% change to the original purchase price of £89,000 results in an estimated price of approximately £165,517.
| 14 Jun 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.5 | 149.7 | 85.975 % | £89,000 | £76,517 | £165,517 |
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 | 61.173 % | £54,443 | £143,443 |
| 3 Month Average | 91.527 % | £81,459 | £170,459 |
| 6 Month Average | 86.052 % | £76,586 | £165,586 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Apr 2024 | £257,234 | £255,000 | 13 NEWHAVEN ROAD |
| 3 Nov 2023 | £164,167 | £160,000 | 183 LAPWING LANE |
| 29 Sep 2023 | £281,199 | £275,000 | 3 EASTBOURNE CRESCENT |
| 20 Jun 2023 | £265,317 | £260,000 | 4 NEWHAVEN ROAD |
| 2 Jun 2023 | £297,971 | £292,000 | 37 EASTBOURNE CRESCENT |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 27 Feb 2014. Using an estimated price of £165,518 means this house is valued at £1,970 per sq meter (£183 per sq foot).
There is one other house on the street which we know the size of, this is 7 GRASSCROFT it is 82.0