£228,929
This estimated value is based upon the latest sale price for the house of £198,000 on 17 Dec 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £198,000 | 17 Dec 2020 |
| Terraced |
| Leasehold |
| Floor Area: 107 sq meters or 1,151 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 December 2020 the House Price Index for GREATER MANCHESTER was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £198,000 results in an estimated price of approximately £228,929.
| 17 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £198,000 | £30,929 | £228,929 |
The Postcode Pricing Model uses changes in average sales price within the SK2 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 | -24.864 % | £-49,229 | £148,770 |
| 3 Month Average | 2.611 % | £5,168 | £203,168 |
| 6 Month Average | 13.140 % | £26,018 | £224,018 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £213,277 | £210,000 | 44 LYME GROVE |
| 30 Oct 2023 | £276,275 | £270,000 | 20 LOWFIELD ROAD |
| 15 Sep 2023 | £230,072 | £225,000 | 22 LOWFIELD ROAD |
| 5 Jun 2023 | £432,589 | £423,920 | 13 LOWFIELD ROAD |
| 23 Mar 2023 | £1,001,729 | £985,000 | 222 WELLINGTON ROAD SOUTH |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 14 Sep 2020. Using an estimated price of £228,929 means this house is valued at £2,139 per sq meter (£198 per sq foot).
The average size of a house on LOWFIELD ROAD is 91 sq meters (981 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Crosby Street |