£233,526
This estimated value is based upon the latest sale price for the house of £160,000 on 1 May 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £160,000 | 1 May 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 77 sq meters or 828 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 May 2015 the House Price Index for GREATER MANCHESTER was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £160,000 results in an estimated price of approximately £233,526.
| 1 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 148.6 | 45.954 % | £160,000 | £73,526 | £233,526 |
The Postcode Pricing Model uses changes in average sales price within the SK2 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 | 29.165 % | £46,664 | £206,664 |
| 3 Month Average | 50.063 % | £80,100 | £240,100 |
| 6 Month Average | 61.403 % | £98,245 | £258,245 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Jul 2023 | £288,888 | £285,000 | 23 DELAMERE ROAD |
| 19 Jun 2023 | £303,678 | £300,000 | 45 NORWOOD ROAD |
| 21 Apr 2023 | £257,776 | £255,000 | 69 CLAREMONT ROAD |
| 6 Apr 2023 | £153,654 | £152,000 | 63 SOUTHWOOD ROAD |
| 3 Mar 2023 | £78,021 | £77,286 | 49 SOUTHWOOD ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 29 Jan 2015. Using an estimated price of £233,526 means this house is valued at £3,032 per sq meter (£281 per sq foot).
The average size of a house on NORWOOD ROAD is 109 sq meters (1,183 sq feet).
This house is the smallest in the street with a floor area of 77 sq meters (828 sq feet).