£221,606
This estimated value is based upon the latest sale price for the house of £180,000 on 17 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 |
|---|---|
| £180,000 | 17 May 2019 |
| Terraced |
| Freehold |
| Floor Area: 153 sq meters or 1,646 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 Apr 2024 is 148.0 which is a change of 23.115%.Applying this 23.115% change to the original purchase price of £180,000 results in an estimated price of approximately £221,606.
| 17 May 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.0 | 23.115 % | £180,000 | £41,606 | £221,606 |
The Postcode Pricing Model uses changes in average sales price within the OL7 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 | 71.000 % | £127,799 | £307,799 |
| 3 Month Average | 31.968 % | £57,542 | £237,542 |
| 6 Month Average | 30.035 % | £54,063 | £234,063 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Jul 2023 | £95,907 | £95,000 | 126 KELVIN STREET |
| 12 Jun 2023 | £141,144 | £140,000 | 243 STOCKPORT ROAD |
| 30 Jan 2023 | £183,389 | £185,000 | 254 STOCKPORT ROAD |
| 17 Jan 2023 | £87,234 | £88,000 | 108 KELVIN STREET |
| 4 Nov 2022 | £110,705 | £112,500 | 45 BIRCH STREET |
This house has a floor area of 153 sq meters or 1,646 sq feet when measured on 26 Feb 2019. Using an estimated price of £221,606 means this house is valued at £1,448 per sq meter (£134 per sq foot).
The average size of a house on STOCKPORT ROAD is 103 sq meters (1,118 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | On or near Guide Bridge (Station) | |
| Feb 2024 | Violence and sexual offences | On or near Guide Bridge (Station) |