£201,343
This estimated value is based upon the latest sale price for the house of £133,500 on 29 Oct 2014. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£133,500 | 29 Oct 2014 |
£130,500 | 11 Apr 2007 |
£59,999 | 1 Jun 2001 |
Terraced |
Freehold |
Floor Area: 103 sq meters or 1,108 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 October 2014 the House Price Index for GREATER MANCHESTER was 99.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.819%.Applying this 50.819% change to the original purchase price of £133,500 results in an estimated price of approximately £201,343.
29 Oct 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.3 | 149.7 | 50.819 % | £133,500 | £67,843 | £201,343 |
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 | 71.832 % | £95,895 | £229,395 |
3 Month Average | 80.570 % | £107,561 | £241,061 |
6 Month Average | 67.552 % | £90,181 | £223,681 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £196,328 | £192,000 | 114 GORTON ROAD |
3 Mar 2023 | £233,906 | £230,000 | 121 GORTON ROAD |
3 Mar 2023 | £406,793 | £400,000 | METHODIST & UNITED REFORMED CHRIST CHURCH GORTON ROAD |
30 Jun 2022 | £219,696 | £215,000 | 119 GORTON ROAD |
30 Jun 2022 | £211,521 | £207,000 | 182 GORTON ROAD |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 5 Mar 2014. Using an estimated price of £201,343 means this house is valued at £1,954 per sq meter (£181 per sq foot).
The average size of a house on LILLIAN GROVE is 158 sq meters (1,700 sq feet).