£154,068
This estimated value is based upon the latest sale price for the house of £125,000 on 26 Feb 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £125,000 | 26 Feb 2020 |
| £29,000 | 24 Sep 1999 |
| Terraced |
| Freehold |
| Floor Area: 56 sq meters or 602 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 February 2020 the House Price Index for GREATER MANCHESTER was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £125,000 results in an estimated price of approximately £154,068.
| 26 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £125,000 | £29,068 | £154,068 |
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 | 64.597 % | £80,746 | £205,746 |
| 3 Month Average | 46.482 % | £58,102 | £183,102 |
| 6 Month Average | 35.247 % | £44,058 | £169,058 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Oct 2023 | £225,113 | £220,000 | 72 BROADSTONE ROAD |
| 29 Sep 2023 | £102,254 | £100,000 | FLAT 215 HOULDSWORTH MILL WATERHOUSE WAY |
| 25 Aug 2023 | £222,513 | £218,500 | 22 ARTHUR STREET |
| 30 Jun 2023 | £135,720 | £133,000 | FLAT 406 HOULDSWORTH MILL WATERHOUSE WAY |
| 21 Feb 2023 | £126,847 | £126,000 | FLAT 116 HOULDSWORTH MILL WATERHOUSE WAY |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 12 Jun 2015. Using an estimated price of £154,068 means this house is valued at £2,751 per sq meter (£255 per sq foot).
The average size of a house on RUPERT STREET is 71 sq meters (774 sq feet).
This house is the smallest in the street with a floor area of 56 sq meters (602 sq feet).