£98,041
This estimated value is based upon the latest sale price for the house of £65,000 on 18 Nov 2014. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £65,000 | 18 Nov 2014 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 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 November 2014 the House Price Index for GREATER MANCHESTER was 99.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.833%.Applying this 50.833% change to the original purchase price of £65,000 results in an estimated price of approximately £98,041.
| 18 Nov 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 149.7 | 50.833 % | £65,000 | £33,041 | £98,041 |
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 | 98.742 % | £64,182 | £129,182 |
| 3 Month Average | 88.847 % | £57,750 | £122,750 |
| 6 Month Average | 84.667 % | £55,033 | £120,033 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Sep 2024 | £185,000 | £185,000 | 24 MIDDLESEX ROAD |
| 17 May 2024 | £185,000 | £185,000 | 360 BRINNINGTON ROAD |
| 19 Dec 2023 | £175,389 | £170,000 | 9 GOWERDALE ROAD |
| 15 Sep 2023 | £184,057 | £180,000 | 16 DORSET AVENUE |
| 29 Jun 2023 | £137,761 | £135,000 | 565 BRINNINGTON ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 31 Oct 2014. Using an estimated price of £98,041 means this house is valued at £1,153 per sq meter (£107 per sq foot).
The average size of a house on DORSET AVENUE is 116 sq meters (1,253 sq feet).