£180,977
This estimated value is based upon the latest sale price for the house of £133,000 on 31 Mar 2016. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £133,000 | 31 Mar 2016 |
| Semi-Detached |
| Leasehold |
| Floor Area: 96 sq meters or 1,033 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 2016 the House Price Index for GREATER MANCHESTER was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £133,000 results in an estimated price of approximately £180,977.
| 31 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 149.7 | 36.074 % | £133,000 | £47,977 | £180,977 |
The Postcode Pricing Model uses changes in average sales price within the SK4 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 | 76.950 % | £102,343 | £235,343 |
| 3 Month Average | 45.285 % | £60,228 | £193,228 |
| 6 Month Average | 45.319 % | £60,274 | £193,274 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Apr 2024 | £176,533 | £175,000 | 20 PARSONAGE STREET |
| 15 Apr 2024 | £131,139 | £130,000 | 98 SOUTHDOWN CLOSE |
| 5 Apr 2024 | £220,918 | £219,000 | 5 PARSONAGE STREET |
| 15 Mar 2024 | £133,450 | £131,400 | 31 OXFORD WAY |
| 15 Feb 2023 | £246,648 | £245,000 | 51 PARSONAGE STREET |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 4 Feb 2016. Using an estimated price of £180,978 means this house is valued at £1,885 per sq meter (£175 per sq foot).
The average size of a house on SOUTHDOWN CLOSE is 85 sq meters (918 sq feet).
This house is the largest in the street with a floor area of 96 sq meters (1,033 sq feet).