£229,288
This estimated value is based upon the latest sale price for the house of £225,000 on 11 Apr 2023. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £225,000 | 11 Apr 2023 |
| £107,000 | 28 Jul 2014 |
| Terraced |
| Freehold |
| Floor Area: 165 sq meters or 1,776 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 April 2023 the House Price Index for GREATER MANCHESTER was 146.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.906%.Applying this 1.906% change to the original purchase price of £225,000 results in an estimated price of approximately £229,288.
| 11 Apr 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.9 | 149.7 | 1.906 % | £225,000 | £4,288 | £229,288 |
The Postcode Pricing Model uses changes in average sales price within the SK1 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 | -5.809 % | £-13,069 | £211,930 |
| 3 Month Average | -2.276 % | £-5,121 | £219,878 |
| 6 Month Average | -7.657 % | £-17,227 | £207,772 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £170,415 | £167,000 | 15 RIVER STREET |
| 13 Jun 2023 | £192,865 | £189,000 | 20 RIVER STREET |
| 11 Apr 2023 | £229,289 | £225,000 | 55 CARRINGTON ROAD |
| 8 Jul 2022 | £173,741 | £172,000 | 21 RIVER STREET |
| 22 Feb 2022 | £163,751 | £155,000 | 26 DAWSON STREET |
This house has a floor area of 165 sq meters or 1,776 sq feet when measured on 20 Aug 2013. Using an estimated price of £229,289 means this house is valued at £1,389 per sq meter (£129 per sq foot).
The average size of a house on CARRINGTON ROAD is 95 sq meters (1,024 sq feet).
This house is the largest in the street with a floor area of 165 sq meters (1,776 sq feet).