£189,028
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
Get our free house price tracker.
| 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 93.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 60.875%.Applying this 60.875% change to the original purchase price of £117,500 results in an estimated price of approximately £189,028.
| 23 May 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.1 | 149.7 | 60.875 % | £117,500 | £71,528 | £189,028 |
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 | 86.898 % | £102,105 | £219,605 |
| 3 Month Average | 60.508 % | £71,097 | £188,597 |
| 6 Month Average | 67.714 % | £79,564 | £197,064 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Apr 2024 | £131,139 | £130,000 | 98 SOUTHDOWN CLOSE |
| 5 Apr 2024 | £220,918 | £219,000 | 5 PARSONAGE STREET |
| 15 Mar 2024 | £133,450 | £131,400 | 31 OXFORD WAY |
| 18 Mar 2022 | £271,423 | £260,000 | 32 CHURCH ROAD |
| 16 Dec 2021 | £172,689 | £160,000 | 13 OXFORD WAY |
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 £189,028 means this house is valued at £2,454 per sq meter (£228 per sq foot).
The average size of a house on SOUTHDOWN CLOSE is 85 sq meters (918 sq feet).