£159,455
This estimated value is based upon the latest sale price for the house of £109,000 on 1 Jun 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £109,000 | 1 Jun 2015 |
| £121,000 | 29 Feb 2008 |
| £71,000 | 7 Nov 2003 |
| Terraced |
| Leasehold |
| Floor Area: 69 sq meters or 742 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 June 2015 the House Price Index for GREATER MANCHESTER was 102.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 46.290%.Applying this 46.290% change to the original purchase price of £109,000 results in an estimated price of approximately £159,455.
| 1 Jun 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 149.7 | 46.290 % | £109,000 | £50,455 | £159,455 |
The Postcode Pricing Model uses changes in average sales price within the SK3 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 | 81.707 % | £89,060 | £198,060 |
| 3 Month Average | 81.699 % | £89,052 | £198,052 |
| 6 Month Average | 79.486 % | £86,640 | £195,640 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Aug 2024 | £200,000 | £200,000 | 37 STOPFORD STREET |
| 4 Jul 2024 | £222,500 | £222,500 | 4 ST MATTHEWS TERRACE |
| 27 Oct 2023 | £182,137 | £178,000 | 51 BULKELEY STREET |
| 7 Sep 2023 | £186,614 | £182,500 | 15 DERBY STREET |
| 24 Apr 2023 | £130,440 | £128,000 | 115 OLD CHAPEL STREET |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 5 Sep 2013. Using an estimated price of £159,456 means this house is valued at £2,310 per sq meter (£214 per sq foot).
The average size of a house on STOPFORD STREET is 70 sq meters (760 sq feet).