£156,009
This estimated value is based upon the latest sale price for the house of £95,000 on 19 Jan 2007. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £95,000 | 19 Jan 2007 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 818 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 January 2007 the House Price Index for GREATER MANCHESTER was 90.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 64.221%.Applying this 64.221% change to the original purchase price of £95,000 results in an estimated price of approximately £156,009.
| 19 Jan 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.5 | 148.6 | 64.221 % | £95,000 | £61,009 | £156,009 |
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 | 147.013 % | £139,662 | £234,662 |
| 3 Month Average | 58.946 % | £55,998 | £150,998 |
| 6 Month Average | 58.300 % | £55,384 | £150,384 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £157,115 | £155,000 | 248 BIRCH LANE |
| 26 Aug 2022 | £164,058 | £164,500 | 256 BIRCH LANE |
| 16 May 2022 | £341,433 | £335,000 | 3 KENYON AVENUE |
| 4 Mar 2022 | £242,485 | £234,000 | 19 KENYON AVENUE |
| 29 Oct 2021 | £149,375 | £135,000 | 242 BIRCH LANE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 29 Apr 2014. Using an estimated price of £156,010 means this house is valued at £2,052 per sq meter (£190 per sq foot).
The average size of a house on BIRCH LANE is 88 sq meters (955 sq feet).