£191,132
This estimated value is based upon the latest sale price for the house of £113,000 on 5 Dec 2012. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £113,000 | 5 Dec 2012 |
| £25,000 | 4 Dec 1998 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 December 2012 the House Price Index for GREATER MANCHESTER was 87.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.144%.Applying this 69.144% change to the original purchase price of £113,000 results in an estimated price of approximately £191,132.
| 5 Dec 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.9 | 148.6 | 69.144 % | £113,000 | £78,132 | £191,132 |
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 | 82.178 % | £92,860 | £205,860 |
| 3 Month Average | 67.728 % | £76,533 | £189,533 |
| 6 Month Average | 83.565 % | £94,428 | £207,428 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Sep 2023 | £200,564 | £198,000 | 52 SOMERFORD ROAD |
| 31 Jul 2023 | £162,690 | £160,500 | 56 LINDFIELD ROAD |
| 30 Jun 2023 | £202,452 | £200,000 | 49 SOMERFORD ROAD |
| 17 Nov 2022 | £237,128 | £240,000 | 3 ROWOOD AVENUE |
| 7 Oct 2022 | £180,061 | £182,000 | 63 SOMERFORD ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 18 Jul 2012. Using an estimated price of £191,132 means this house is valued at £2,389 per sq meter (£221 per sq foot).
The average size of a house on SOMERFORD ROAD is 72 sq meters (778 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 | Possession of weapons | On or near Reddish North (Station) | |
| Feb 2024 | Public order | On or near Reddish North (Station) |