£163,158
This estimated value is based upon the latest sale price for the house of £97,500 on 26 Jul 2013. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £97,500 | 26 Jul 2013 |
| £70,000 | 4 Jan 2013 |
| Terraced |
| Freehold |
| Floor Area: 62 sq meters or 667 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 July 2013 the House Price Index for GREATER MANCHESTER was 89.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 67.342%.Applying this 67.342% change to the original purchase price of £97,500 results in an estimated price of approximately £163,158.
| 26 Jul 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.5 | 149.7 | 67.342 % | £97,500 | £65,658 | £163,158 |
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 | 50.528 % | £49,264 | £146,764 |
| 3 Month Average | 101.160 % | £98,630 | £196,130 |
| 6 Month Average | 85.903 % | £83,755 | £181,255 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Apr 2024 | £143,244 | £142,000 | 64 REDDISH ROAD |
| 19 Dec 2023 | £190,865 | £185,000 | 13 HILDA GROVE |
| 25 Aug 2023 | £295,327 | £290,000 | 13 CLARE ROAD |
| 11 Aug 2023 | £234,224 | £230,000 | 22 HILDA GROVE |
| 10 Aug 2023 | £141,553 | £139,000 | 58 REDDISH ROAD |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 29 Nov 2012. Using an estimated price of £163,158 means this house is valued at £2,631 per sq meter (£244 per sq foot).
The average size of a house on NORWAY GROVE is 74 sq meters (798 sq feet).