£176,658
This estimated value is based upon the latest sale price for the house of £118,000 on 10 Oct 2014. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £118,000 | 10 Oct 2014 |
| £107,000 | 17 Feb 2012 |
| £129,950 | 26 Jan 2007 |
| £94,950 | 23 Feb 2003 |
| £62,950 | 31 Jul 2002 |
| Terraced |
| Leasehold |
| Floor Area: 72 sq meters or 778 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 October 2014 the House Price Index for GREATER MANCHESTER was 99.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.711%.Applying this 49.711% change to the original purchase price of £118,000 results in an estimated price of approximately £176,658.
| 10 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 148.6 | 49.711 % | £118,000 | £58,658 | £176,658 |
The Postcode Pricing Model uses changes in average sales price within the SK3 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 | 65.934 % | £77,802 | £195,802 |
| 3 Month Average | 59.417 % | £70,112 | £188,112 |
| 6 Month Average | 56.756 % | £66,972 | £184,972 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £198,473 | £195,000 | 68 PETERSBURG ROAD |
| 20 Dec 2023 | £208,651 | £205,000 | 52 STOCKHOLM ROAD |
| 17 Nov 2023 | £197,930 | £195,000 | 5 STOCKHOLM ROAD |
| 7 Aug 2023 | £221,942 | £220,000 | 3 VIENNA ROAD |
| 10 Mar 2023 | £208,969 | £207,000 | 3 STOCKHOLM ROAD |
This house has a floor area of 72 sq meters or 778 sq feet when measured on 12 Oct 2011. Using an estimated price of £176,659 means this house is valued at £2,442 per sq meter (£226 per sq foot).
The average size of a house on RESERVOIR ROAD is 80 sq meters (863 sq feet).