£185,490
This estimated value is based upon the latest sale price for the house of £179,000 on 25 Mar 2022. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£179,000 | 25 Mar 2022 |
£110,000 | 25 May 2018 |
£44,950 | 21 Dec 2000 |
Semi-Detached |
Freehold |
Floor Area: 65 sq meters or 699 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 March 2022 the House Price Index for GREATER MANCHESTER was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £179,000 results in an estimated price of approximately £185,490.
25 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
143.4 | 148.6 | 3.626 % | £179,000 | £6,490 | £185,490 |
The Postcode Pricing Model uses changes in average sales price within the SK14 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 | 15.722 % | £28,141 | £207,141 |
3 Month Average | 3.338 % | £5,974 | £184,974 |
6 Month Average | 3.815 % | £6,828 | £185,828 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £94,204 | £93,000 | FLAT 3 LYNWOOD HOUSE, 17 KNIGHT STREET |
8 Sep 2023 | £222,849 | £220,000 | 23 PEEL STREET |
28 Jul 2023 | £102,378 | £101,000 | 188 LUMN ROAD |
1 Aug 2022 | £169,544 | £170,000 | 20 MANSFIELD ROAD |
10 Jun 2022 | £157,222 | £155,000 | 27 WELBECK ROAD |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 12 Mar 2018. Using an estimated price of £185,491 means this house is valued at £2,853 per sq meter (£265 per sq foot).
The average size of a house on PEEL STREET is 80 sq meters (871 sq feet).