£167,040
This estimated value is based upon the latest sale price for the house of £119,950 on 13 Nov 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £119,950 | 13 Nov 2015 |
| £102,000 | 19 Sep 2014 |
| £84,500 | 30 Sep 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 104 sq meters or 1,121 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 November 2015 the House Price Index for GREATER MANCHESTER was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £119,950 results in an estimated price of approximately £167,040.
| 13 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 148.6 | 39.258 % | £119,950 | £47,090 | £167,040 |
The Postcode Pricing Model uses changes in average sales price within the SK3 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 | 40.661 % | £48,772 | £168,722 |
| 3 Month Average | 66.973 % | £80,334 | £200,284 |
| 6 Month Average | 53.293 % | £63,924 | £183,874 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Mar 2024 | £190,000 | £190,000 | 2 HERBERT STREET |
| 20 Dec 2023 | £229,007 | £225,000 | 40 HARDCASTLE ROAD |
| 20 Dec 2023 | £229,007 | £225,000 | 43 HARDCASTLE ROAD |
| 18 Jul 2023 | £151,033 | £149,000 | 29 DUCHY STREET |
| 14 Oct 2022 | £196,138 | £198,250 | 19 HERBERT STREET |
This house has a floor area of 104 sq meters or 1,121 sq feet when measured on 31 May 2011. Using an estimated price of £167,041 means this house is valued at £1,603 per sq meter (£148 per sq foot).
The average size of a house on HARDCASTLE ROAD is 88 sq meters (955 sq feet).
This house is the largest in the street with a floor area of 104 sq meters (1,121 sq feet).