£228,846
This estimated value is based upon the latest sale price for the house of £229,000 on 6 Feb 2023. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £229,000 | 6 Feb 2023 |
| £167,000 | 13 Dec 2019 |
| £110,000 | 30 May 2019 |
| £59,500 | 11 Jul 2003 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 2023 the House Price Index for GREATER MANCHESTER was 148.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.067%.Applying this -0.067% change to the original purchase price of £229,000 results in an estimated price of approximately £228,846.
| 6 Feb 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 148.6 | -0.067 % | £229,000 | £-153 | £228,846 |
The Postcode Pricing Model uses changes in average sales price within the SK5 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 | -28.998 % | £-66,406 | £162,593 |
| 3 Month Average | -14.252 % | £-32,636 | £196,363 |
| 6 Month Average | -6.789 % | £-15,546 | £213,453 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £153,689 | £151,000 | 1 RUPERT STREET |
| 28 Sep 2023 | £245,641 | £242,500 | 31 STANHOPE STREET |
| 28 Sep 2023 | £161,059 | £159,000 | 410 REDDISH ROAD |
| 6 Feb 2023 | £228,846 | £229,000 | 30 STANHOPE STREET |
| 11 Nov 2022 | £183,774 | £186,000 | 42 BROADSTONE ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 16 Apr 2019. Using an estimated price of £228,846 means this house is valued at £2,661 per sq meter (£247 per sq foot).
The average size of a house on STANHOPE STREET is 89 sq meters (959 sq feet).