£354,551
This estimated value is based upon the latest sale price for the house of £350,000 on 10 Nov 2023. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £350,000 | 10 Nov 2023 |
| £130,000 | 12 Sep 2003 |
| Terraced |
| Freehold |
| Floor Area: 158 sq meters or 1,705 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 November 2023 the House Price Index for GREATER MANCHESTER was 146.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.300%.Applying this 1.300% change to the original purchase price of £350,000 results in an estimated price of approximately £354,551.
| 10 Nov 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.1 | 148.0 | 1.300 % | £350,000 | £4,551 | £354,551 |
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 | 16.909 % | £59,182 | £409,182 |
| 3 Month Average | 30.318 % | £106,112 | £456,112 |
| 6 Month Average | 12.436 % | £43,525 | £393,525 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £210,712 | £210,000 | 44 LYME GROVE |
| 10 Nov 2023 | £354,552 | £350,000 | 27 LONGSHUT LANE WEST |
| 26 Jul 2023 | £70,668 | £70,000 | FLAT 2 BARNFIELD VILLAS, 115 - 119 SHAW HEATH |
| 7 Jul 2023 | £55,525 | £55,000 | FLAT 3 BARNFIELD VILLAS, 115 - 119 SHAW HEATH |
| 7 Jul 2023 | £65,621 | £65,000 | FLAT 7 BARNFIELD VILLAS, 115 - 119 SHAW HEATH |
This house has a floor area of 158 sq meters or 1,705 sq feet when measured on 24 Sep 2010. Using an estimated price of £354,552 means this house is valued at £2,238 per sq meter (£207 per sq foot).
The average size of a house on LONGSHUT LANE WEST is 156 sq meters (1,688 sq feet).
This house is the largest in the street with a floor area of 158 sq meters (1,705 sq feet).