£224,823
This estimated value is based upon the latest sale price for the house of £40,000 on 27 Jan 1995. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £40,000 | 27 Jan 1995 |
| Terraced |
| Freehold |
| Floor Area: 64 sq meters or 688 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 January 1995 the House Price Index for GREATER MANCHESTER was 26.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 462.059%.Applying this 462.059% change to the original purchase price of £40,000 results in an estimated price of approximately £224,823.
| 27 Jan 1995 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.6 | 149.7 | 462.059 % | £40,000 | £184,823 | £224,823 |
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 | 356.568 % | £142,627 | £182,627 |
| 3 Month Average | 375.631 % | £150,252 | £190,252 |
| 6 Month Average | 346.153 % | £138,461 | £178,461 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £221,927 | £220,000 | 422 CHEETHAM HILL ROAD |
| 19 Apr 2024 | £259,756 | £257,500 | 325 BIRCH LANE |
| 13 Mar 2024 | £279,291 | £275,000 | 251 BIRCH LANE |
| 1 Jun 2023 | £220,417 | £216,000 | 360 BIRCH LANE |
| 27 Jan 2023 | £115,308 | £115,000 | 402 CHEETHAM HILL ROAD |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 15 May 2019. Using an estimated price of £224,823 means this house is valued at £3,512 per sq meter (£326 per sq foot).
The average size of a house on CHEETHAM HILL ROAD is 89 sq meters (960 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Public order | Awaiting court outcome | On or near School Drive |