£122,788
This estimated value is based upon the latest sale price for the house of £120,000 on 9 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 |
|---|---|
| £120,000 | 9 Oct 2023 |
| £23,000 | 7 Mar 1997 |
| Freehold |
| Floor Area: 65 sq meters or 699 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 £120,000 results in an estimated price of approximately £122,788.
| 9 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £120,000 | £2,788 | £122,788 |
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 | 156.859 % | £188,231 | £308,231 |
| 3 Month Average | 19.392 % | £23,270 | £143,270 |
| 6 Month Average | 0.175 % | £209 | £120,209 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £223,433 | £220,000 | 2 MUSDEN WALK |
| 27 Nov 2023 | £259,589 | £253,000 | 72 MARBURY ROAD |
| 17 Nov 2023 | £194,949 | £190,000 | 4 ALDEN WALK |
| 9 Oct 2023 | £122,789 | £120,000 | 14 HOLLIN BANK |
| 11 Aug 2022 | £256,198 | £255,000 | 8 SIMON FREEMAN CLOSE |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 22 May 2021. Using an estimated price of £122,789 means this house is valued at £1,889 per sq meter (£175 per sq foot).
The average size of a house on HOLLIN BANK is 107 sq meters (1,158 sq feet).
This house is the smallest in the street with a floor area of 65 sq meters (699 sq feet).