£67,536
This estimated value is based upon the latest sale price for the house of £50,000 on 30 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 |
|---|---|
| £50,000 | 30 Mar 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 34 sq meters or 365 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 £50,000 results in an estimated price of approximately £67,536.
| 30 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 148.6 | 35.074 % | £50,000 | £17,536 | £67,536 |
The Postcode Pricing Model uses changes in average sales price within the SK2 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 | 131.856 % | £65,928 | £115,928 |
| 3 Month Average | 58.662 % | £29,331 | £79,331 |
| 6 Month Average | 58.040 % | £29,019 | £79,019 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £203,562 | £200,000 | 130 LISBURNE LANE |
| 20 Nov 2023 | £301,971 | £297,500 | 1 SUNDIAL ROAD |
| 7 Sep 2023 | £531,800 | £525,000 | 80 MARPLE ROAD |
| 26 Jul 2023 | £438,907 | £433,000 | 26 OFFERTON DRIVE |
| 27 Apr 2023 | £490,279 | £485,000 | 35 SUNDIAL ROAD |
This house has a floor area of 34 sq meters or 365 sq feet when measured on 7 Oct 2019. Using an estimated price of £67,537 means this house is valued at £1,986 per sq meter (£184 per sq foot).
The average size of a house on LISBURNE CLOSE is 96 sq meters (1,043 sq feet).
This house is the smallest in the street with a floor area of 34 sq meters (365 sq feet).