£250,589
This estimated value is based upon the latest sale price for the house of £230,000 on 12 Nov 2021. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £230,000 | 12 Nov 2021 |
| £189,000 | 13 Dec 2019 |
| £165,950 | 1 Mar 2007 |
| Semi-Detached |
| Leasehold |
| Floor Area: 71 sq meters or 764 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 £230,000 results in an estimated price of approximately £250,589.
| 12 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £230,000 | £20,589 | £250,589 |
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 % | £106,656 | £336,656 |
| 3 Month Average | 21.132 % | £48,603 | £278,603 |
| 6 Month Average | 10.613 % | £24,409 | £254,409 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £145,000 | £145,000 | 10 LAKE ROAD |
| 15 Dec 2023 | £123,804 | £120,000 | 112 SPRINGS LANE |
| 17 Nov 2023 | £153,907 | £150,000 | 5 GLENT VIEW |
| 12 Oct 2023 | £147,347 | £144,000 | 121 SPRINGS LANE |
| 15 Sep 2023 | £176,388 | £172,500 | 183 SPRINGS LANE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 30 Sep 2019. Using an estimated price of £250,590 means this house is valued at £3,529 per sq meter (£327 per sq foot).
The average size of a house on LAKES VIEW is 91 sq meters (984 sq feet).
This house is the smallest in the street with a floor area of 71 sq meters (764 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Public order | Under investigation | On or near Mellor Road |