£181,633
This estimated value is based upon the latest sale price for the house of £135,000 on 10 Jun 2016. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£135,000 | 10 Jun 2016 |
£31,000 | 29 May 1998 |
Terraced |
Freehold |
Floor Area: 81 sq meters or 871 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 June 2016 the House Price Index for GREATER MANCHESTER was 111.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.544%.Applying this 34.544% change to the original purchase price of £135,000 results in an estimated price of approximately £181,633.
10 Jun 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.3 | 149.7 | 34.544 % | £135,000 | £46,633 | £181,633 |
The Postcode Pricing Model uses changes in average sales price within the SK1 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 | 25.092 % | £33,874 | £168,874 |
3 Month Average | 37.778 % | £51,000 | £186,000 |
6 Month Average | 54.400 % | £73,439 | £208,439 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Jun 2023 | £191,845 | £188,000 | 273 HEMPSHAW LANE |
24 Mar 2023 | £218,652 | £215,000 | 140 HEMPSHAW LANE |
4 Aug 2022 | £200,940 | £200,000 | 8 FEDORA CLOSE |
25 Feb 2022 | £206,009 | £195,000 | 1C BROOKFIELD AVENUE |
21 Feb 2022 | £311,655 | £295,000 | 15 BROOKFIELD CLOSE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 10 Mar 2016. Using an estimated price of £181,634 means this house is valued at £2,242 per sq meter (£208 per sq foot).
The average size of a house on HEMPSHAW LANE is 80 sq meters (867 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other theft | Under investigation | On or near Bramwell Street |