£211,412
This estimated value is based upon the latest sale price for the house of £210,000 on 24 Feb 2023. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £210,000 | 24 Feb 2023 |
| £103,000 | 28 Feb 2013 |
| £115,000 | 2 Feb 2007 |
| £37,500 | 3 Dec 1997 |
| Terraced |
| Freehold |
| Floor Area: 90 sq meters or 968 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 2023 the House Price Index for GREATER MANCHESTER was 148.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.672%.Applying this 0.672% change to the original purchase price of £210,000 results in an estimated price of approximately £211,412.
| 24 Feb 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 149.7 | 0.672 % | £210,000 | £1,412 | £211,412 |
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 | -11.957 % | £-25,109 | £184,890 |
| 3 Month Average | 0.019 % | £40 | £210,040 |
| 6 Month Average | 1.433 % | £3,008 | £213,008 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £140,000 | £140,000 | 24 BELFIELD ROAD |
| 13 Dec 2023 | £182,611 | £177,000 | 8 LONSDALE AVENUE |
| 27 Nov 2023 | £482,241 | £470,000 | 535 GORTON ROAD |
| 23 Jun 2023 | £184,701 | £181,000 | 4 LONSDALE AVENUE |
| 24 Feb 2023 | £211,412 | £210,000 | 571 GORTON ROAD |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 12 Oct 2012. Using an estimated price of £211,412 means this house is valued at £2,349 per sq meter (£218 per sq foot).
The average size of a house on GORTON ROAD is 84 sq meters (911 sq feet).