£152,060
This estimated value is based upon the latest sale price for the house of £145,000 on 25 Feb 2022. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £145,000 | 25 Feb 2022 |
| £55,000 | 31 Jan 2003 |
| Terraced |
| Leasehold |
| Floor Area: 65 sq meters or 702 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 February 2022 the House Price Index for GREATER MANCHESTER was 141.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 4.869%.Applying this 4.869% change to the original purchase price of £145,000 results in an estimated price of approximately £152,060.
| 25 Feb 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.6 | 4.869 % | £145,000 | £7,060 | £152,060 |
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 | 53.976 % | £78,265 | £223,265 |
| 3 Month Average | 21.728 % | £31,506 | £176,506 |
| 6 Month Average | 24.089 % | £34,929 | £179,929 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £213,740 | £210,000 | 98 TURNCROFT LANE |
| 24 Nov 2023 | £274,057 | £270,000 | 170 TURNCROFT LANE |
| 10 Nov 2023 | £193,870 | £191,000 | 80 TURNCROFT LANE |
| 29 Sep 2023 | £199,045 | £196,500 | 95 FORBES ROAD |
| 31 Aug 2023 | £246,153 | £244,000 | 22 THE QUADRANT |
This house has a floor area of 65 sq meters or 702 sq feet when measured on 8 Mar 2012. Using an estimated price of £152,061 means this house is valued at £2,329 per sq meter (£216 per sq foot).
The average size of a house on VICTORIA ROAD is 71 sq meters (773 sq feet).