£221,923
This estimated value is based upon the latest sale price for the house of £120,000 on 27 May 2005. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £120,000 | 27 May 2005 |
| £72,000 | 12 Sep 2002 |
| Terraced |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 May 2005 the House Price Index for GREATER MANCHESTER was 80.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.936%.Applying this 84.936% change to the original purchase price of £120,000 results in an estimated price of approximately £221,923.
| 27 May 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 148.6 | 84.936 % | £120,000 | £101,923 | £221,923 |
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 | 69.068 % | £82,882 | £202,882 |
| 3 Month Average | 79.694 % | £95,632 | £215,632 |
| 6 Month Average | 88.656 % | £106,387 | £226,387 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £203,562 | £200,000 | 130 LISBURNE LANE |
| 29 Sep 2023 | £349,468 | £345,000 | 5 TRAGAN CLOSE |
| 26 Jul 2023 | £438,907 | £433,000 | 26 OFFERTON DRIVE |
| 19 Jun 2023 | £189,293 | £187,000 | 34 RIDDING CLOSE |
| 25 Apr 2023 | £184,992 | £183,000 | 140 LISBURNE LANE |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 7 Sep 2013.
The average size of a house on LISBURNE LANE is 97 sq meters (1,053 sq feet).