£116,958
This estimated value is based upon the latest sale price for the house of £95,000 on 29 May 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £95,000 | 29 May 2019 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 893 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 May 2019 the House Price Index for GREATER MANCHESTER was 120.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.115%.Applying this 23.115% change to the original purchase price of £95,000 results in an estimated price of approximately £116,958.
| 29 May 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.0 | 23.115 % | £95,000 | £21,958 | £116,958 |
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 | 68.014 % | £64,613 | £159,613 |
| 3 Month Average | 21.429 % | £20,357 | £115,357 |
| 6 Month Average | 24.623 % | £23,392 | £118,392 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £222,101 | £220,000 | 153 KNOTT LANE |
| 27 Jun 2023 | £224,823 | £223,000 | 122 FOXHOLES ROAD |
| 26 Apr 2023 | £186,385 | £185,000 | 33 REDGATE |
| 25 Nov 2022 | £186,476 | £189,500 | 7 DALE VIEW |
| 1 Jun 2022 | £186,894 | £185,000 | 14 REDGATE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 26 Nov 2018. Using an estimated price of £116,959 means this house is valued at £1,409 per sq meter (£130 per sq foot).
The average size of a house on CHEETHAM FOLD ROAD is 86 sq meters (930 sq feet).