£183,173
This estimated value is based upon the latest sale price for the house of £155,000 on 16 Oct 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £155,000 | 16 Oct 2020 |
| £127,500 | 25 Nov 2016 |
| Terraced |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 2020 the House Price Index for GREATER MANCHESTER was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £155,000 results in an estimated price of approximately £183,173.
| 16 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £155,000 | £28,173 | £183,173 |
The Postcode Pricing Model uses changes in average sales price within the SK16 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 | 35.993 % | £55,789 | £210,789 |
| 3 Month Average | 32.116 % | £49,779 | £204,779 |
| 6 Month Average | 29.276 % | £45,378 | £200,378 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £158,494 | £155,000 | 16 RUSSELL STREET |
| 23 Aug 2023 | £269,867 | £265,000 | 10 WINDERMERE ROAD |
| 7 Aug 2023 | £142,571 | £140,000 | 93 PICKFORD LANE |
| 17 Feb 2023 | £211,412 | £210,000 | 28 RUSSELL STREET |
| 17 Jun 2022 | £185,975 | £182,000 | 1 WYATT STREET |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 17 Apr 2016. Using an estimated price of £183,174 means this house is valued at £1,728 per sq meter (£160 per sq foot).
The average size of a house on PICKFORD LANE is 87 sq meters (940 sq feet).