£194,274
This estimated value is based upon the latest sale price for the house of £110,000 on 23 Mar 2006. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £110,000 | 23 Mar 2006 |
| £88,000 | 10 Dec 2004 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 2006 the House Price Index for GREATER MANCHESTER was 84.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 76.613%.Applying this 76.613% change to the original purchase price of £110,000 results in an estimated price of approximately £194,274.
| 23 Mar 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.1 | 148.6 | 76.613 % | £110,000 | £84,274 | £194,274 |
The Postcode Pricing Model uses changes in average sales price within the SK14 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 | 63.159 % | £69,474 | £179,474 |
| 3 Month Average | 49.158 % | £54,073 | £164,073 |
| 6 Month Average | 56.093 % | £61,701 | £171,701 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Mar 2023 | £307,901 | £305,000 | 11 THE GRANGE |
| 27 Apr 2022 | £198,751 | £193,000 | 119A GRANGE ROAD SOUTH |
| 28 Jan 2022 | £166,280 | £158,000 | 10 THE GRANGE |
| 29 Nov 2021 | £308,231 | £285,000 | 20 BROOK CLOSE |
| 15 Oct 2021 | £158,392 | £143,150 | 22 BEARSWOOD CLOSE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 27 May 2014. Using an estimated price of £194,274 means this house is valued at £2,259 per sq meter (£209 per sq foot).
The average size of a house on GRANGE CLOSE is 101 sq meters (1,087 sq feet).