£158,629
This estimated value is based upon the latest sale price for the house of £45,000 on 16 Mar 2001. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £45,000 | 16 Mar 2001 |
| Terraced |
| Leasehold |
| Floor Area: 78 sq meters or 839 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 March 2001 the House Price Index for GREATER MANCHESTER was 42.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 252.510%.Applying this 252.510% change to the original purchase price of £45,000 results in an estimated price of approximately £158,629.
| 16 Mar 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.5 | 149.7 | 252.510 % | £45,000 | £113,629 | £158,629 |
The Postcode Pricing Model uses changes in average sales price within the SK4 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 | 324.847 % | £146,180 | £191,180 |
| 3 Month Average | 293.461 % | £132,057 | £177,057 |
| 6 Month Average | 285.369 % | £128,416 | £173,416 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Apr 2024 | £131,139 | £130,000 | 98 SOUTHDOWN CLOSE |
| 15 Mar 2024 | £133,450 | £131,400 | 31 OXFORD WAY |
| 8 Dec 2023 | £165,072 | £160,000 | 3 HARWOOD STREET |
| 23 Mar 2023 | £134,242 | £132,000 | 10 HARWOOD STREET |
| 20 Jun 2022 | £162,473 | £159,000 | 7 HARWOOD STREET |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 24 Sep 2016. Using an estimated price of £158,630 means this house is valued at £2,033 per sq meter (£188 per sq foot).
The average size of a house on SOUTHDOWN CLOSE is 85 sq meters (918 sq feet).