£129,986
This estimated value is based upon the latest sale price for the house of £103,000 on 4 Oct 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £103,000 | 4 Oct 2017 |
| £97,000 | 14 Aug 2005 |
| £42,950 | 25 Aug 2000 |
| Terraced |
| Freehold |
| Floor Area: 55 sq meters or 592 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 October 2017 the House Price Index for GREATER MANCHESTER was 117.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.200%.Applying this 26.200% change to the original purchase price of £103,000 results in an estimated price of approximately £129,986.
| 4 Oct 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 148.6 | 26.200 % | £103,000 | £26,986 | £129,986 |
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 | 22.943 % | £23,631 | £126,631 |
| 3 Month Average | 41.741 % | £42,993 | £145,993 |
| 6 Month Average | 37.428 % | £38,550 | £141,550 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Mar 2024 | £190,000 | £190,000 | 2 HERBERT STREET |
| 20 Dec 2023 | £229,007 | £225,000 | 40 HARDCASTLE ROAD |
| 20 Dec 2023 | £229,007 | £225,000 | 43 HARDCASTLE ROAD |
| 17 Apr 2023 | £195,101 | £193,000 | 12 DALE STREET |
| 14 Oct 2022 | £196,138 | £198,250 | 19 HERBERT STREET |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 4 Nov 2009. Using an estimated price of £129,986 means this house is valued at £2,360 per sq meter (£219 per sq foot).
The average size of a house on HERBERT STREET is 69 sq meters (744 sq feet).