£204,766
This estimated value is based upon the latest sale price for the house of £164,950 on 19 Nov 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £164,950 | 19 Nov 2018 |
| £147,000 | 15 Jun 2007 |
| Detached |
| Leasehold |
| Floor Area: 73 sq meters or 785 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 2018 the House Price Index for GREATER MANCHESTER was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £164,950 results in an estimated price of approximately £204,766.
| 19 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.139 % | £164,950 | £39,816 | £204,766 |
The Postcode Pricing Model uses changes in average sales price within the OL16 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 | 4.106 % | £6,772 | £171,722 |
| 3 Month Average | 35.906 % | £59,227 | £224,177 |
| 6 Month Average | 30.839 % | £50,868 | £215,818 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 May 2024 | £200,000 | £200,000 | 6 SOUTH VIEW TERRACE |
| 31 Aug 2023 | £92,671 | £91,000 | FLAT 7 HALLIDAY COURT STUBLEY MILL ROAD |
| 25 Aug 2023 | £157,847 | £155,000 | 24 STOPFORD AVENUE |
| 23 Jun 2023 | £157,149 | £154,000 | 29 STOPFORD AVENUE |
| 12 Apr 2023 | £214,003 | £210,000 | 28 SOUTH VIEW TERRACE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 11 Sep 2017. Using an estimated price of £204,767 means this house is valued at £2,805 per sq meter (£260 per sq foot).
The average size of a house on SOUTH VIEW ROAD is 99 sq meters (1,069 sq feet).
This house is the smallest in the street with a floor area of 73 sq meters (785 sq feet).