£120,854
This estimated value is based upon the latest sale price for the house of £71,000 on 18 Jul 2012. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £71,000 | 18 Jul 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 2012 the House Price Index for GREATER MANCHESTER was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.218%.Applying this 70.218% change to the original purchase price of £71,000 results in an estimated price of approximately £120,854.
| 18 Jul 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.218 % | £71,000 | £49,854 | £120,854 |
The Postcode Pricing Model uses changes in average sales price within the SK3 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 | 59.541 % | £42,274 | £113,274 |
| 3 Month Average | 93.960 % | £66,711 | £137,711 |
| 6 Month Average | 84.195 % | £59,778 | £130,778 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £253,757 | £250,000 | 87 ROSTHERNE ROAD |
| 24 Feb 2023 | £169,886 | £170,000 | 3 CARLINGFORD CLOSE |
| 3 May 2022 | £298,627 | £293,000 | 51 ROSTHERNE ROAD |
| 22 Apr 2022 | £360,430 | £350,000 | 16 GOODWOOD DRIVE |
| 22 Apr 2022 | £166,827 | £162,000 | FLAT 2 ROSTREVOR HOUSE, 60 ROSTREVOR ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 16 Sep 2013. Using an estimated price of £120,855 means this house is valued at £1,678 per sq meter (£155 per sq foot).
The average size of a house on NORTHCOMBE ROAD is 88 sq meters (949 sq feet).