£262,799
This estimated value is based upon the latest sale price for the house of £172,000 on 2 Jul 2014. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £172,000 | 2 Jul 2014 |
| £160,000 | 19 Feb 2007 |
| £119,950 | 31 Jul 2003 |
| £63,750 | 4 Jun 1999 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 July 2014 the House Price Index for GREATER MANCHESTER was 97.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 52.790%.Applying this 52.790% change to the original purchase price of £172,000 results in an estimated price of approximately £262,799.
| 2 Jul 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 148.6 | 52.790 % | £172,000 | £90,799 | £262,799 |
The Postcode Pricing Model uses changes in average sales price within the SK1 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 | 66.887 % | £115,045 | £287,045 |
| 3 Month Average | 74.594 % | £128,302 | £300,302 |
| 6 Month Average | 85.300 % | £146,716 | £318,716 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £213,740 | £210,000 | 98 TURNCROFT LANE |
| 29 Nov 2023 | £162,404 | £160,000 | APARTMENT 12 ALDER HEIGHTS NEW ZEALAND ROAD |
| 24 Nov 2023 | £274,057 | £270,000 | 170 TURNCROFT LANE |
| 10 Nov 2023 | £193,870 | £191,000 | 80 TURNCROFT LANE |
| 25 Aug 2023 | £162,925 | £161,500 | 12 VERNON AVENUE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 14 Dec 2013. Using an estimated price of £262,800 means this house is valued at £3,285 per sq meter (£305 per sq foot).
The average size of a house on HANSON MEWS is 72 sq meters (775 sq feet).