£246,093
This estimated value is based upon the latest sale price for the house of £215,000 on 27 Aug 2021. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £215,000 | 27 Aug 2021 |
| £135,000 | 4 Oct 2019 |
| £115,000 | 28 Jan 2014 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 August 2021 the House Price Index for GREATER MANCHESTER was 89.2.
The House Price Index as of 1 Jan 2025 is 102.1 which is a change of 14.462%.Applying this 14.462% change to the original purchase price of £215,000 results in an estimated price of approximately £246,093.
| 27 Aug 2021 | 1 Jan 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.2 | 102.1 | 14.462 % | £215,000 | £31,093 | £246,093 |
The Postcode Pricing Model uses changes in average sales price within the SK5 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 | 2.471 % | £5,312 | £220,312 |
| 3 Month Average | 6.048 % | £13,002 | £228,002 |
| 6 Month Average | 9.498 % | £20,420 | £235,420 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2024 | £205,408 | £204,000 | 36 LUTON ROAD |
| 27 Feb 2024 | £209,436 | £200,000 | 46 - 50 GORTON ROAD |
| 30 Jun 2023 | £342,061 | £330,000 | 10 SYKES STREET |
| 9 May 2023 | £332,033 | £320,000 | 8 SYKES STREET |
| 5 May 2023 | £342,409 | £330,000 | 4 SYKES STREET |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 11 Sep 2019. Using an estimated price of £246,093 means this house is valued at £3,155 per sq meter (£293 per sq foot).
The average size of a house on SYKES STREET is 101 sq meters (1,096 sq feet).