£217,544
This estimated value is based upon the latest sale price for the house of £176,500 on 7 Feb 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £176,500 | 7 Feb 2020 |
| £100,000 | 15 May 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 2020 the House Price Index for GREATER MANCHESTER was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £176,500 results in an estimated price of approximately £217,544.
| 7 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £176,500 | £41,044 | £217,544 |
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 | 108.030 % | £190,672 | £367,172 |
| 3 Month Average | 14.724 % | £25,988 | £202,488 |
| 6 Month Average | 30.139 % | £53,195 | £229,695 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 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 |
| 21 Oct 2022 | £114,617 | £115,000 | 69 HARDY CLOSE |
| 1 Aug 2022 | £202,949 | £202,000 | THE COTTAGE LAKES ROAD |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 6 Jun 2014. Using an estimated price of £217,544 means this house is valued at £2,219 per sq meter (£206 per sq foot).
The average size of a house on LAKES ROAD is 105 sq meters (1,137 sq feet).