£160,079
This estimated value is based upon the latest sale price for the house of £75,000 on 17 Feb 2004. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £75,000 | 17 Feb 2004 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 893 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 2004 the House Price Index for GREATER MANCHESTER was 70.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 113.439%.Applying this 113.439% change to the original purchase price of £75,000 results in an estimated price of approximately £160,079.
| 17 Feb 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 70.1 | 149.7 | 113.439 % | £75,000 | £85,079 | £160,079 |
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 | 128.505 % | £96,378 | £171,378 |
| 3 Month Average | 146.693 % | £110,019 | £185,019 |
| 6 Month Average | 147.932 % | £110,948 | £185,948 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £211,499 | £205,000 | 47 ADELAIDE ROAD |
| 24 Nov 2023 | £195,975 | £191,000 | 66 CARMICHAEL STREET |
| 27 Oct 2023 | £158,602 | £155,000 | 131 CHATHAM STREET |
| 22 Aug 2023 | £201,637 | £198,000 | 48 ADELAIDE ROAD |
| 23 Jun 2023 | £178,579 | £175,000 | 52 CARMICHAEL STREET |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 5 Jul 2017. Using an estimated price of £160,080 means this house is valued at £1,928 per sq meter (£179 per sq foot).
The average size of a house on CARMICHAEL STREET is 86 sq meters (930 sq feet).