£171,849
This estimated value is based upon the latest sale price for the house of £138,000 on 31 May 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £138,000 | 31 May 2019 |
| £79,950 | 24 Aug 2004 |
| £37,950 | 19 Feb 1999 |
| Terraced |
| Leasehold |
| Floor Area: 66 sq meters or 716 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 2019 the House Price Index for GREATER MANCHESTER was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £138,000 results in an estimated price of approximately £171,849.
| 31 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.529 % | £138,000 | £33,849 | £171,849 |
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 | 54.346 % | £74,997 | £212,997 |
| 3 Month Average | 40.417 % | £55,776 | £193,776 |
| 6 Month Average | 34.624 % | £47,781 | £185,781 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Oct 2024 | £150,000 | £150,000 | 12 MIDLAND ROAD |
| 15 Dec 2023 | £154,755 | £150,000 | 9 WALLWORK STREET |
| 15 Nov 2023 | £146,211 | £142,500 | 1 HOBSON STREET |
| 22 Sep 2023 | £158,494 | £155,000 | 27 HOBSON STREET |
| 1 Aug 2023 | £150,718 | £148,000 | 29 BOSCOMBE STREET |
This house has a floor area of 66 sq meters or 716 sq feet when measured on 29 Jun 2009. Using an estimated price of £171,850 means this house is valued at £2,580 per sq meter (£239 per sq foot).
The average size of a house on WALLWORK STREET is 78 sq meters (849 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Drugs | On or near Reddish North (Station) |