£180,045
This estimated value is based upon the latest sale price for the house of £110,000 on 22 Nov 2013. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £110,000 | 22 Nov 2013 |
| £72,500 | 15 Mar 2013 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 November 2013 the House Price Index for GREATER MANCHESTER was 91.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 63.678%.Applying this 63.678% change to the original purchase price of £110,000 results in an estimated price of approximately £180,045.
| 22 Nov 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.5 | 149.7 | 63.678 % | £110,000 | £70,045 | £180,045 |
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 | 53.956 % | £59,351 | £169,351 |
| 3 Month Average | 93.319 % | £102,651 | £212,651 |
| 6 Month Average | 81.941 % | £90,134 | £200,134 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £225,730 | £220,000 | 5 FARLEY WAY |
| 14 Nov 2023 | £174,428 | £170,000 | 60 FARLEY WAY |
| 24 Aug 2023 | £203,673 | £200,000 | 69 HARROGATE ROAD |
| 8 Feb 2023 | £201,345 | £200,000 | 129 LONGFORD ROAD WEST |
| 26 Sep 2022 | £209,960 | £210,100 | 22 CHURCHILL CRESCENT |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 16 May 2012. Using an estimated price of £180,046 means this house is valued at £2,222 per sq meter (£206 per sq foot).