£209,222
This estimated value is based upon the latest sale price for the house of £110,000 on 3 Sep 2004. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £110,000 | 3 Sep 2004 |
| £78,000 | 21 Oct 2002 |
| £44,000 | 27 Nov 1998 |
| Terraced |
| Leasehold |
| Floor Area: 59 sq meters or 635 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 September 2004 the House Price Index for GREATER MANCHESTER was 77.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 90.203%.Applying this 90.203% change to the original purchase price of £110,000 results in an estimated price of approximately £209,222.
| 3 Sep 2004 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.8 | 148.0 | 90.203 % | £110,000 | £99,222 | £209,222 |
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 | 190.345 % | £209,379 | £319,379 |
| 3 Month Average | 105.554 % | £116,109 | £226,109 |
| 6 Month Average | 104.158 % | £114,573 | £224,573 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £267,166 | £265,000 | 10 REDMIRE MEWS |
| 30 Sep 2022 | £213,405 | £216,000 | 108 YEW TREE LANE |
| 4 Aug 2022 | £284,081 | £286,000 | 1 CHEW VALE |
| 16 Feb 2022 | £130,558 | £125,000 | 28 WATER GROVE ROAD |
| 31 Jan 2022 | £139,405 | £133,000 | 104 YEW TREE LANE |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 24 Dec 2013. Using an estimated price of £209,223 means this house is valued at £3,546 per sq meter (£329 per sq foot).
The average size of a house on WATER GROVE ROAD is 64 sq meters (697 sq feet).