£181,218
This estimated value is based upon the latest sale price for the house of £105,000 on 15 Apr 2011. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £105,000 | 15 Apr 2011 |
| £120,000 | 12 Oct 2007 |
| Semi-Detached |
| Leasehold |
| Floor Area: 66 sq meters or 714 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 April 2011 the House Price Index for GREATER MANCHESTER was 86.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.589%.Applying this 72.589% change to the original purchase price of £105,000 results in an estimated price of approximately £181,218.
| 15 Apr 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.7 | 149.7 | 72.589 % | £105,000 | £76,218 | £181,218 |
The Postcode Pricing Model uses changes in average sales price within the SK1 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 | 116.525 % | £122,351 | £227,351 |
| 3 Month Average | 92.498 % | £97,123 | £202,123 |
| 6 Month Average | 92.121 % | £96,726 | £201,726 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Oct 2023 | £240,461 | £235,000 | 71 FORBES ROAD |
| 30 Oct 2023 | £221,531 | £216,500 | 14 THE QUADRANT |
| 29 Sep 2023 | £200,929 | £196,500 | 95 FORBES ROAD |
| 31 Aug 2023 | £248,482 | £244,000 | 22 THE QUADRANT |
| 30 Aug 2023 | £339,116 | £333,000 | 2 TINTERN GROVE |
This house has a floor area of 66 sq meters or 714 sq feet when measured on 8 May 2010. Using an estimated price of £181,218 means this house is valued at £2,728 per sq meter (£253 per sq foot).
The average size of a house on THE QUADRANT is 67 sq meters (728 sq feet).