£169,088
This estimated value is based upon the latest sale price for the house of £127,000 on 19 Aug 2016. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £127,000 | 19 Aug 2016 |
| £111,000 | 5 Jan 2006 |
| £108,000 | 30 Sep 2004 |
| £60,000 | 15 Nov 2002 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 2016 the House Price Index for GREATER MANCHESTER was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £127,000 results in an estimated price of approximately £169,088.
| 19 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.141 % | £127,000 | £42,088 | £169,088 |
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 | 12.596 % | £15,997 | £142,997 |
| 3 Month Average | 41.663 % | £52,911 | £179,911 |
| 6 Month Average | 39.885 % | £50,653 | £177,653 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £79,389 | £78,000 | 36 NORTHGATE ROAD |
| 29 Mar 2023 | £222,092 | £220,000 | 4 BONAR ROAD |
| 24 Mar 2023 | £227,140 | £225,000 | 2 BONAR ROAD |
| 16 Nov 2022 | £229,223 | £232,000 | 22 NORTHGATE ROAD |
| 5 Jul 2022 | £106,286 | £106,000 | 6 BENNETT CLOSE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 3 Jul 2014. Using an estimated price of £169,089 means this house is valued at £2,254 per sq meter (£209 per sq foot).
The average size of a house on NORTHGATE ROAD is 84 sq meters (908 sq feet).