£276,737
This estimated value is based upon the latest sale price for the house of £254,000 on 5 Nov 2021. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £254,000 | 5 Nov 2021 |
| £151,000 | 17 Dec 2014 |
| Detached |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 November 2021 the House Price Index for GREATER MANCHESTER was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £254,000 results in an estimated price of approximately £276,737.
| 5 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £254,000 | £22,737 | £276,737 |
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 | 46.372 % | £117,785 | £371,785 |
| 3 Month Average | 21.132 % | £53,674 | £307,674 |
| 6 Month Average | 10.613 % | £26,956 | £280,956 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £191,664 | £190,000 | 10 STONEYFIELD |
| 15 Mar 2024 | £182,809 | £180,000 | 24 SCHOOL CRESCENT |
| 15 Dec 2023 | £123,804 | £120,000 | 112 SPRINGS LANE |
| 1 Dec 2023 | £154,755 | £150,000 | 4 STEPHENS ROAD |
| 17 Nov 2023 | £179,558 | £175,000 | 13 CONISTON DRIVE |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 19 Feb 2015. Using an estimated price of £276,738 means this house is valued at £2,660 per sq meter (£247 per sq foot).
The average size of a house on LADYSMITH ROAD is 114 sq meters (1,227 sq feet).
This house is the largest in the street with a floor area of 104 sq meters (1,119 sq feet).