£105,620
This estimated value is based upon the latest sale price for the house of £18,000 on 10 Nov 1995. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£18,000 | 10 Nov 1995 |
Semi-Detached |
Freehold |
Floor Area: 69 sq meters or 742 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 1995 the House Price Index for GREATER MANCHESTER was 17.4.
The House Price Index as of 1 Jan 2025 is 102.1 which is a change of 486.782%.Applying this 486.782% change to the original purchase price of £18,000 results in an estimated price of approximately £105,620.
10 Nov 1995 | 1 Jan 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
17.4 | 102.1 | 486.782 % | £18,000 | £87,620 | £105,620 |
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 | 389.882 % | £70,178 | £88,178 |
3 Month Average | 415.525 % | £74,794 | £92,794 |
6 Month Average | 410.148 % | £73,826 | £91,826 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Sep 2024 | £188,696 | £185,000 | 24 MIDDLESEX ROAD |
17 May 2024 | £258,089 | £250,000 | 14 GOWERDALE ROAD |
27 Mar 2024 | £136,881 | £131,250 | 6 ESSEX ROAD |
27 Mar 2024 | £136,881 | £131,250 | 15 DORSET AVENUE |
19 Dec 2023 | £178,754 | £170,000 | 9 GOWERDALE ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 9 Oct 2013. Using an estimated price of £105,621 means this house is valued at £1,530 per sq meter (£142 per sq foot).
The average size of a house on ESSEX ROAD is 94 sq meters (1,014 sq feet).
This house is the smallest in the street with a floor area of 69 sq meters (742 sq feet).