£365,857
This estimated value is based upon the latest sale price for the house of £294,000 on 8 Feb 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £294,000 | 8 Feb 2019 |
| £175,000 | 31 Mar 2005 |
| £95,000 | 4 Aug 1998 |
| Terraced |
| Leasehold |
| Floor Area: 103 sq meters or 1,108 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 2019 the House Price Index for GREATER MANCHESTER was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.441%.Applying this 24.441% change to the original purchase price of £294,000 results in an estimated price of approximately £365,857.
| 8 Feb 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.441 % | £294,000 | £71,857 | £365,857 |
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 | -18.139 % | £-53,329 | £240,670 |
| 3 Month Average | 10.032 % | £29,495 | £323,495 |
| 6 Month Average | 21.336 % | £62,726 | £356,726 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £307,814 | £300,000 | 6 HOLLYMOUNT ROAD |
| 21 Aug 2023 | £126,889 | £124,600 | FLAT 1 WILLOW LODGE, 14 LISBURNE LANE |
| 8 Mar 2023 | £254,245 | £249,999 | 21 HOLLYMOUNT GARDENS |
| 7 Feb 2023 | £362,421 | £360,000 | 7 HOLLYMOUNT AVENUE |
| 4 Nov 2022 | £258,790 | £260,000 | 5 HOLLYMOUNT GARDENS |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 11 Sep 2018. Using an estimated price of £365,857 means this house is valued at £3,552 per sq meter (£329 per sq foot).
The average size of a house on HOLLYMOUNT ROAD is 103 sq meters (1,114 sq feet).