£124,840
This estimated value is based upon the latest sale price for the house of £115,000 on 20 Sep 2021. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £115,000 | 20 Sep 2021 |
| £130,700 | 22 Jun 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 64 sq meters or 688 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 September 2021 the House Price Index for GREATER MANCHESTER was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £115,000 results in an estimated price of approximately £124,840.
| 20 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £115,000 | £9,840 | £124,840 |
The Postcode Pricing Model uses changes in average sales price within the SK16 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 | -19.197 % | £-22,076 | £92,923 |
| 3 Month Average | -11.205 % | £-12,886 | £102,113 |
| 6 Month Average | 14.482 % | £16,654 | £131,654 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £183,594 | £182,000 | 78 PICKFORD LANE |
| 19 Dec 2023 | £128,963 | £125,000 | 45 HARDY CLOSE |
| 18 Dec 2023 | £123,804 | £120,000 | 49 HARDY CLOSE |
| 20 Sep 2023 | £127,818 | £125,000 | 73 HARDY CLOSE |
| 30 Aug 2023 | £122,204 | £120,000 | 36 PICKFORD LANE |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 28 Jan 2015. Using an estimated price of £124,840 means this house is valued at £1,950 per sq meter (£181 per sq foot).
The average size of a house on HARDY CLOSE is 71 sq meters (767 sq feet).