£147,180
This estimated value is based upon the latest sale price for the house of £79,000 on 27 May 2005. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £79,000 | 27 May 2005 |
| £13,000 | 27 May 1999 |
| £19,000 | 3 Sep 1997 |
| Semi-Detached |
| Leasehold |
| Floor Area: 101 sq meters or 1,087 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 May 2005 the House Price Index for GREATER MANCHESTER was 80.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 86.305%.Applying this 86.305% change to the original purchase price of £79,000 results in an estimated price of approximately £147,180.
| 27 May 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 149.7 | 86.305 % | £79,000 | £68,180 | £147,180 |
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 | 97.422 % | £76,963 | £155,963 |
| 3 Month Average | 90.375 % | £71,396 | £150,396 |
| 6 Month Average | 94.300 % | £74,497 | £153,497 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £185,000 | £185,000 | 360 BRINNINGTON ROAD |
| 28 Mar 2024 | £133,298 | £131,250 | 16 TAUNTON AVENUE WEST |
| 19 Dec 2023 | £175,389 | £170,000 | 9 GOWERDALE ROAD |
| 15 Sep 2023 | £184,057 | £180,000 | 16 DORSET AVENUE |
| 24 Jun 2022 | £168,604 | £165,000 | 7 WORCESTER AVENUE |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 10 Aug 2016. Using an estimated price of £147,181 means this house is valued at £1,457 per sq meter (£135 per sq foot).
The average size of a house on GOWERDALE ROAD is 90 sq meters (969 sq feet).