£265,160
This estimated value is based upon the latest sale price for the house of £140,000 on 20 Jan 2005. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £140,000 | 20 Jan 2005 |
| £125,000 | 18 Jun 2004 |
| Flats/Maisonettes |
| Leasehold |
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 January 2005 the House Price Index for GREATER MANCHESTER was 79.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 89.400%.Applying this 89.400% change to the original purchase price of £140,000 results in an estimated price of approximately £265,160.
| 20 Jan 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.0 | 149.7 | 89.400 % | £140,000 | £125,160 | £265,160 |
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 | 67.450 % | £94,429 | £234,429 |
| 3 Month Average | 95.180 % | £133,252 | £273,252 |
| 6 Month Average | 85.980 % | £120,372 | £260,372 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £139,280 | £135,000 | FLAT 205 HOULDSWORTH MILL WATERHOUSE WAY |
| 1 Dec 2023 | £216,657 | £210,000 | FLAT 413 HOULDSWORTH MILL WATERHOUSE WAY |
| 29 Sep 2023 | £102,254 | £100,000 | FLAT 215 HOULDSWORTH MILL WATERHOUSE WAY |
| 30 Jun 2023 | £135,720 | £133,000 | FLAT 406 HOULDSWORTH MILL WATERHOUSE WAY |
| 31 Mar 2023 | £142,378 | £140,000 | FLAT 213 HOULDSWORTH MILL WATERHOUSE WAY |