£120,257
This estimated value is based upon the latest sale price for the house of £36,000 on 31 Aug 2001. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £36,000 | 31 Aug 2001 |
| £15,000 | 26 Jan 1996 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 August 2001 the House Price Index for GREATER MANCHESTER was 44.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 234.049%.Applying this 234.049% change to the original purchase price of £36,000 results in an estimated price of approximately £120,257.
| 31 Aug 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 44.8 | 149.7 | 234.049 % | £36,000 | £84,257 | £120,257 |
The Postcode Pricing Model uses changes in average sales price within the SK16 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 | 264.776 % | £95,319 | £131,319 |
| 3 Month Average | 264.364 % | £95,170 | £131,170 |
| 6 Month Average | 238.038 % | £85,693 | £121,693 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £155,426 | £152,000 | 24 INVERNESS ROAD |
| 18 Aug 2023 | £142,571 | £140,000 | 12 THORNCLIFFE AVENUE |
| 27 Jan 2023 | £80,214 | £80,000 | 19 INVERNESS ROAD |
| 29 Jul 2022 | £186,872 | £185,000 | 39 INVERNESS ROAD |
| 26 Jul 2022 | £166,670 | £165,000 | 1 DENBY ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 17 Oct 2017. Using an estimated price of £120,257 means this house is valued at £1,717 per sq meter (£159 per sq foot).
The average size of a house on ROTHESAY AVENUE is 106 sq meters (1,146 sq feet).