£158,305
This estimated value is based upon the latest sale price for the house of £125,000 on 1 Dec 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £125,000 | 1 Dec 2017 |
| £107,000 | 31 Mar 2014 |
| £85,000 | 14 Feb 2005 |
| Terraced |
| Freehold |
| Floor Area: 63 sq meters or 678 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 December 2017 the House Price Index for GREATER MANCHESTER was 118.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.645%.Applying this 26.645% change to the original purchase price of £125,000 results in an estimated price of approximately £158,305.
| 1 Dec 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 149.7 | 26.645 % | £125,000 | £33,305 | £158,305 |
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 | -4.509 % | £-5,636 | £119,363 |
| 3 Month Average | 79.347 % | £99,184 | £224,184 |
| 6 Month Average | 52.529 % | £65,661 | £190,661 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 May 2024 | £175,000 | £175,000 | 8 CHEVIOT CLOSE |
| 26 Apr 2024 | £171,489 | £170,000 | 77 BELMONT STREET |
| 30 Aug 2023 | £130,351 | £128,000 | 3 CHEVIOT CLOSE |
| 2 Jun 2023 | £316,339 | £310,000 | 1 COTSWOLD ROAD |
| 6 Apr 2023 | £179,355 | £176,000 | 4 CROMWELL STREET |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 11 Sep 2013. Using an estimated price of £158,306 means this house is valued at £2,512 per sq meter (£233 per sq foot).
The average size of a house on CROMWELL STREET is 69 sq meters (747 sq feet).