£153,527
This estimated value is based upon the latest sale price for the house of £26,950 on 3 Oct 1995. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £26,950 | 3 Oct 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 28 sq meters or 301 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 October 1995 the House Price Index for GREATER MANCHESTER was 26.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 469.674%.Applying this 469.674% change to the original purchase price of £26,950 results in an estimated price of approximately £153,527.
| 3 Oct 1995 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.1 | 148.6 | 469.674 % | £26,950 | £126,577 | £153,527 |
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 | 366.228 % | £98,698 | £125,648 |
| 3 Month Average | 343.263 % | £92,509 | £119,459 |
| 6 Month Average | 373.193 % | £100,575 | £127,525 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £188,295 | £185,000 | 13 HILDA GROVE |
| 11 Aug 2023 | £232,030 | £230,000 | 22 HILDA GROVE |
| 10 Aug 2023 | £140,227 | £139,000 | 58 REDDISH ROAD |
| 28 Apr 2023 | £136,975 | £135,500 | 62 REDDISH ROAD |
| 28 Apr 2023 | £212,286 | £210,000 | 68 HILDA GROVE |
This house has a floor area of 28 sq meters or 301 sq feet when measured on 11 Apr 2019. Using an estimated price of £153,527 means this house is valued at £5,483 per sq meter (£509 per sq foot).
The average size of a house on REDDISH ROAD is 92 sq meters (997 sq feet).