£161,405
This estimated value is based upon the latest sale price for the house of £132,500 on 24 Jul 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £132,500 | 24 Jul 2020 |
| Semi-Detached |
| Leasehold |
| Floor Area: 93 sq meters or 1,001 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 July 2020 the House Price Index for GREATER MANCHESTER was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £132,500 results in an estimated price of approximately £161,405.
| 24 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 149.7 | 21.815 % | £132,500 | £28,905 | £161,405 |
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 | 30.323 % | £40,177 | £172,677 |
| 3 Month Average | 23.838 % | £31,585 | £164,085 |
| 6 Month Average | 30.922 % | £40,971 | £173,471 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £224,959 | £220,000 | 4 TENNYSON ROAD |
| 26 Jun 2023 | £219,397 | £215,000 | 17 LANGLAND CLOSE |
| 4 Apr 2023 | £163,050 | £160,000 | 116 LONGFORD ROAD WEST |
| 23 Nov 2022 | £141,837 | £142,500 | 22 LANGLAND CLOSE |
| 15 Dec 2021 | £191,038 | £177,000 | 18 BROWNING ROAD |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 19 Nov 2019. Using an estimated price of £161,405 means this house is valued at £1,735 per sq meter (£161 per sq foot).
The average size of a house on BROWNING ROAD is 84 sq meters (914 sq feet).