£248,309
This estimated value is based upon the latest sale price for the house of £51,500 on 9 Jan 1998. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £51,500 | 9 Jan 1998 |
| Terraced |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 January 1998 the House Price Index for GREATER MANCHESTER was 30.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 382.155%.Applying this 382.155% change to the original purchase price of £51,500 results in an estimated price of approximately £248,309.
| 9 Jan 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.8 | 148.6 | 382.155 % | £51,500 | £196,809 | £248,309 |
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 | 240.586 % | £123,901 | £175,401 |
| 3 Month Average | 397.512 % | £204,718 | £256,218 |
| 6 Month Average | 394.053 % | £202,937 | £254,437 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2023 | £169,483 | £168,000 | 4 HINTON MEWS TURNCROFT LANE |
| 4 Aug 2023 | £201,765 | £200,000 | 266 TURNCROFT LANE |
| 22 Jun 2023 | £225,734 | £223,000 | 14 BROWNWOOD AVENUE |
| 2 Jun 2023 | £161,962 | £160,000 | 64 FORBES ROAD |
| 1 Jun 2023 | £212,575 | £210,000 | 23 ELLWOOD ROAD |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 17 Jun 2014. Using an estimated price of £248,310 means this house is valued at £2,559 per sq meter (£237 per sq foot).
The average size of a house on TURNCROFT LANE is 90 sq meters (971 sq feet).