£53,464
This estimated value is based upon the latest sale price for the house of £53,000 on 26 Apr 2024. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £53,000 | 26 Apr 2024 |
| £35,000 | 4 Apr 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 57 sq meters or 613 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 2024 the House Price Index for GREATER MANCHESTER was 148.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.876%.Applying this 0.876% change to the original purchase price of £53,000 results in an estimated price of approximately £53,464.
| 26 Apr 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.4 | 149.7 | 0.876 % | £53,000 | £464 | £53,464 |
The Postcode Pricing Model uses changes in average sales price within the SK15 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 | -13.525 % | £-7,168 | £45,831 |
| 3 Month Average | 13.992 % | £7,415 | £60,415 |
| 6 Month Average | 6.246 % | £3,310 | £56,310 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £53,464 | £53,000 | 10 GROSVENOR HOUSE SQUARE |
| 25 Oct 2023 | £228,694 | £223,500 | 6 CROSSFIELD CLOSE |
| 25 Aug 2023 | £427,714 | £420,000 | APARTMENT 1 39A MELBOURNE STREET |
| 5 Apr 2023 | £116,173 | £114,000 | 59 GROSVENOR STREET |
| 6 Mar 2023 | £213,567 | £210,000 | 48 GROSVENOR STREET |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 21 Oct 2013. Using an estimated price of £53,464 means this house is valued at £937 per sq meter (£87 per sq foot).
The average size of a house on GROSVENOR HOUSE SQUARE is 73 sq meters (792 sq feet).