£194,415
This estimated value is based upon the latest sale price for the house of £190,000 on 24 Oct 2023. 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 | 24 Oct 2023 |
| £188,000 | 20 Jul 2022 |
| £110,000 | 30 Mar 2006 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 October 2023 the House Price Index for GREATER MANCHESTER was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £190,000 results in an estimated price of approximately £194,415.
| 24 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £190,000 | £4,415 | £194,415 |
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 | -10.763 % | £-20,450 | £169,549 |
| 3 Month Average | -20.732 % | £-39,390 | £150,609 |
| 6 Month Average | -7.946 % | £-15,097 | £174,902 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Oct 2023 | £139,161 | £136,000 | 114 CHURCH STREET |
| 24 Oct 2023 | £250,694 | £245,000 | 169 KING STREET |
| 24 Oct 2023 | £194,416 | £190,000 | 119 CECIL STREET |
| 16 Jun 2023 | £132,658 | £130,000 | 142 CHAPEL STREET |
| 31 Aug 2022 | £117,148 | £116,600 | 83 CHAPEL STREET |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 12 Feb 2014. Using an estimated price of £194,416 means this house is valued at £2,460 per sq meter (£228 per sq foot).
The average size of a house on CECIL STREET is 74 sq meters (806 sq feet).