£78,791
This estimated value is based upon the latest sale price for the house of £62,500 on 17 Nov 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £62,500 | 17 Nov 2017 |
| £49,995 | 26 Sep 2011 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 63 sq meters or 682 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 2017 the House Price Index for GREATER MANCHESTER was 117.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.067%.Applying this 26.067% change to the original purchase price of £62,500 results in an estimated price of approximately £78,791.
| 17 Nov 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 148.6 | 26.067 % | £62,500 | £16,291 | £78,791 |
The Postcode Pricing Model uses changes in average sales price within the M18 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 | 212.197 % | £132,622 | £195,122 |
| 3 Month Average | 76.760 % | £47,975 | £110,475 |
| 6 Month Average | 59.919 % | £37,449 | £99,949 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Aug 2023 | £121,059 | £120,000 | 1B MOUNT ROAD |
| 2 Jun 2023 | £4,555,177 | £4,500,000 | 641 HYDE ROAD |
| 14 Oct 2022 | £128,615 | £130,000 | FLAT 7 703 HYDE ROAD |
| 12 Sep 2022 | £74,399 | £75,000 | 28 SHELFORD AVENUE |
| 30 Jun 2022 | £93,319 | £92,000 | 1G MOUNT ROAD |
This house has a floor area of 63 sq meters or 682 sq feet when measured on 16 Aug 2011. Using an estimated price of £78,792 means this house is valued at £1,243 per sq meter (£115 per sq foot).
The average size of a house on STANLEY GROVE is 78 sq meters (840 sq feet).