£217,969
This estimated value is based upon the latest sale price for the house of £56,950 on 20 Apr 2000. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £56,950 | 20 Apr 2000 |
| £47,000 | 3 Mar 1995 |
| Semi-Detached |
| Freehold |
| 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 April 2000 the House Price Index for GREATER MANCHESTER was 39.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 282.739%.Applying this 282.739% change to the original purchase price of £56,950 results in an estimated price of approximately £217,969.
| 20 Apr 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 39.1 | 149.7 | 282.739 % | £56,950 | £161,019 | £217,969 |
The Postcode Pricing Model uses changes in average sales price within the SK5 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 | 370.637 % | £211,077 | £268,027 |
| 3 Month Average | 369.457 % | £210,405 | £267,355 |
| 6 Month Average | 379.891 % | £216,347 | £273,297 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Oct 2024 | £225,000 | £225,000 | 8 GAIR ROAD |
| 19 Dec 2023 | £299,194 | £290,000 | 70 GREG STREET |
| 5 Sep 2023 | £276,086 | £270,000 | 26 GREG STREET |
| 31 Mar 2023 | £201,363 | £198,000 | 78 REDDISH ROAD |
| 10 Nov 2022 | £256,799 | £258,000 | 2 GREG STREET |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 14 Oct 2021. Using an estimated price of £217,970 means this house is valued at £3,070 per sq meter (£285 per sq foot).
The average size of a house on BANGOR STREET is 73 sq meters (788 sq feet).