£156,622
This estimated value is based upon the latest sale price for the house of £110,500 on 9 Oct 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £110,500 | 9 Oct 2015 |
| £121,500 | 8 May 2007 |
| £85,500 | 30 Sep 2004 |
| Terraced |
| Leasehold |
| Floor Area: 89 sq meters or 957 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 2015 the House Price Index for GREATER MANCHESTER was 105.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 41.740%.Applying this 41.740% change to the original purchase price of £110,500 results in an estimated price of approximately £156,622.
| 9 Oct 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 149.7 | 41.740 % | £110,500 | £46,122 | £156,622 |
The Postcode Pricing Model uses changes in average sales price within the SK5 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 | 37.581 % | £41,526 | £152,026 |
| 3 Month Average | 69.399 % | £76,685 | £187,185 |
| 6 Month Average | 62.645 % | £69,222 | £179,722 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £184,175 | £179,500 | 84 WINDMILL LANE |
| 29 Nov 2023 | £338,595 | £330,000 | 9 HASSOP ROAD |
| 20 Oct 2023 | £276,275 | £270,000 | 195 THORNLEY LANE SOUTH |
| 19 Aug 2022 | £143,169 | £142,500 | 74 WINDMILL LANE |
| 23 May 2022 | £292,623 | £285,000 | 81 WINDMILL LANE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 17 Nov 2015. Using an estimated price of £156,623 means this house is valued at £1,759 per sq meter (£163 per sq foot).
The average size of a house on THORNLEY LANE SOUTH is 82 sq meters (885 sq feet).