£162,529
This estimated value is based upon the latest sale price for the house of £120,000 on 15 Apr 2016. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £120,000 | 15 Apr 2016 |
| £90,000 | 29 Oct 2010 |
| £37,000 | 18 Oct 1996 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 719 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 April 2016 the House Price Index for GREATER MANCHESTER was 109.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.442%.Applying this 35.442% change to the original purchase price of £120,000 results in an estimated price of approximately £162,529.
| 15 Apr 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 109.7 | 148.6 | 35.442 % | £120,000 | £42,529 | £162,529 |
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 | 32.291 % | £38,749 | £158,749 |
| 3 Month Average | 54.988 % | £65,985 | £185,985 |
| 6 Month Average | 63.320 % | £75,984 | £195,984 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £188,295 | £185,000 | 13 HILDA GROVE |
| 25 Aug 2023 | £292,559 | £290,000 | 13 CLARE ROAD |
| 11 Aug 2023 | £232,030 | £230,000 | 22 HILDA GROVE |
| 10 Aug 2023 | £140,227 | £139,000 | 58 REDDISH ROAD |
| 21 Jun 2023 | £197,391 | £195,000 | 14 CLARE ROAD |
This house has a floor area of 66 sq meters or 719 sq feet when measured on 4 Sep 2010. Using an estimated price of £162,530 means this house is valued at £2,432 per sq meter (£225 per sq foot).
The average size of a house on HILDA GROVE is 77 sq meters (830 sq feet).