£192,564
This estimated value is based upon the latest sale price for the house of £117,500 on 23 May 2007. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £117,500 | 23 May 2007 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 May 2007 the House Price Index for GREATER MANCHESTER was 62.3.
The House Price Index as of 1 Jan 2025 is 102.1 which is a change of 63.884%.Applying this 63.884% change to the original purchase price of £117,500 results in an estimated price of approximately £192,564.
| 23 May 2007 | 1 Jan 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 62.3 | 102.1 | 63.884 % | £117,500 | £75,064 | £192,564 |
The Postcode Pricing Model uses changes in average sales price within the SK4 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 | 74.571 % | £87,621 | £205,121 |
| 3 Month Average | 51.707 % | £60,755 | £178,255 |
| 6 Month Average | 61.639 % | £72,426 | £189,926 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2024 | £300,561 | £298,500 | 28 CHURCH ROAD |
| 29 Nov 2024 | £150,266 | £148,500 | 50 SOUTHDOWN CLOSE |
| 20 Mar 2024 | £83,432 | £80,000 | 36 SOUTHDOWN CLOSE |
| 15 Mar 2024 | £137,037 | £131,400 | 31 OXFORD WAY |
| 8 Dec 2023 | £168,239 | £160,000 | 3 HARWOOD STREET |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 30 May 2014. Using an estimated price of £192,564 means this house is valued at £2,500 per sq meter (£232 per sq foot).
The average size of a house on SOUTHDOWN CLOSE is 85 sq meters (918 sq feet).