£233,775
This estimated value is based upon the latest sale price for the house of £190,000 on 12 Mar 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £190,000 | 12 Mar 2019 |
| Semi-Detached |
| Leasehold |
| Floor Area: 147 sq meters or 1,582 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 March 2019 the House Price Index for GREATER MANCHESTER was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.040%.Applying this 23.040% change to the original purchase price of £190,000 results in an estimated price of approximately £233,775.
| 12 Mar 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 23.040 % | £190,000 | £43,775 | £233,775 |
The Postcode Pricing Model uses changes in average sales price within the SK2 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 | 124.103 % | £235,795 | £425,795 |
| 3 Month Average | 37.037 % | £70,369 | £260,369 |
| 6 Month Average | 34.376 % | £65,315 | £255,315 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £231,407 | £230,000 | 234 WELLINGTON ROAD SOUTH |
| 10 Jul 2023 | £227,149 | £225,000 | 244 WELLINGTON ROAD SOUTH |
| 5 Jun 2023 | £427,385 | £423,920 | 13 LOWFIELD ROAD |
| 23 Mar 2023 | £990,353 | £985,000 | 222 WELLINGTON ROAD SOUTH |
| 10 Mar 2023 | £216,168 | £215,000 | 41 CROSBY STREET |
This house has a floor area of 147 sq meters or 1,582 sq feet when measured on 3 Dec 2018. Using an estimated price of £233,776 means this house is valued at £1,590 per sq meter (£147 per sq foot).
The average size of a house on LOWFIELD GROVE is 146 sq meters (1,574 sq feet).
This house is the largest in the street with a floor area of 147 sq meters (1,582 sq feet).