£157,968
This estimated value is based upon the latest sale price for the house of £120,000 on 12 Jan 2017. 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 | 12 Jan 2017 |
Semi-Detached |
Freehold |
Floor Area: 109 sq meters or 1,173 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 January 2017 the House Price Index for GREATER MANCHESTER was 113.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 31.640%.Applying this 31.640% change to the original purchase price of £120,000 results in an estimated price of approximately £157,968.
12 Jan 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
113.7 | 149.7 | 31.640 % | £120,000 | £37,968 | £157,968 |
The Postcode Pricing Model uses changes in average sales price within the SK14 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 | 9.885 % | £11,862 | £131,862 |
3 Month Average | 40.425 % | £48,510 | £168,510 |
6 Month Average | 36.400 % | £43,680 | £163,680 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Dec 2023 | £108,329 | £105,000 | APARTMENT 11 ENFIELD COURT GARSIDE STREET |
15 Sep 2023 | £168,719 | £165,000 | 46 GREEN STREET |
14 Sep 2023 | £174,855 | £171,000 | 4 GREEN STREET |
25 Aug 2023 | £106,929 | £105,000 | APARTMENT 32 ENFIELD COURT GARSIDE STREET |
4 Aug 2023 | £141,044 | £138,500 | APARTMENT 44 ENFIELD COURT GARSIDE STREET |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 19 Aug 2016. Using an estimated price of £157,968 means this house is valued at £1,449 per sq meter (£134 per sq foot).
The average size of a house on MARKLAND STREET is 107 sq meters (1,153 sq feet).