£172,633
This estimated value is based upon the latest sale price for the house of £171,000 on 6 Jul 2023. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£171,000 | 6 Jul 2023 |
£125,000 | 30 Nov 2017 |
£98,500 | 28 Jul 2014 |
£117,500 | 12 Aug 2005 |
£29,000 | 1 Nov 2002 |
Terraced |
Freehold |
Floor Area: 84 sq meters or 906 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 2023 the House Price Index for GREATER MANCHESTER was 146.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.955%.Applying this 0.955% change to the original purchase price of £171,000 results in an estimated price of approximately £172,633.
6 Jul 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.6 | 148.0 | 0.955 % | £171,000 | £1,633 | £172,633 |
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 | 25.009 % | £42,766 | £213,766 |
3 Month Average | -18.429 % | £-31,513 | £139,486 |
6 Month Average | -3.839 % | £-6,565 | £164,434 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Apr 2024 | £219,000 | £219,000 | 5 PARSONAGE STREET |
8 Dec 2023 | £163,085 | £160,000 | 3 HARWOOD STREET |
6 Jul 2023 | £172,633 | £171,000 | 54 SOUTHDOWN CLOSE |
23 Mar 2023 | £132,717 | £132,000 | 10 HARWOOD STREET |
20 Jun 2022 | £160,628 | £159,000 | 7 HARWOOD STREET |
This house has a floor area of 84 sq meters or 906 sq feet when measured on 11 Apr 2011. Using an estimated price of £172,633 means this house is valued at £2,050 per sq meter (£190 per sq foot).
The average size of a house on SOUTHDOWN CLOSE is 85 sq meters (918 sq feet).