£285,725
This estimated value is based upon the latest sale price for the house of £280,000 on 23 Jun 2023. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £280,000 | 23 Jun 2023 |
| £140,000 | 2 Apr 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 June 2023 the House Price Index for GREATER MANCHESTER was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £280,000 results in an estimated price of approximately £285,725.
| 23 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £280,000 | £5,725 | £285,725 |
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 | -5.374 % | £-15,046 | £264,953 |
| 3 Month Average | 13.520 % | £37,856 | £317,856 |
| 6 Month Average | 3.792 % | £10,617 | £290,617 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Apr 2024 | £197,717 | £196,000 | 146 CHATHAM STREET |
| 23 Jun 2023 | £285,726 | £280,000 | 192 NORTHGATE ROAD |
| 24 Feb 2023 | £191,278 | £190,000 | 178 CHATHAM STREET |
| 17 Aug 2022 | £110,517 | £110,000 | 167A CHATHAM STREET |
| 14 Apr 2022 | £241,201 | £232,500 | 213 OLD CHAPEL STREET |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 16 Sep 2020. Using an estimated price of £285,726 means this house is valued at £3,401 per sq meter (£316 per sq foot).
The average size of a house on NORTHGATE ROAD is 84 sq meters (908 sq feet).