£226,394
This estimated value is based upon the latest sale price for the house of £223,500 on 12 Sep 2023. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£223,500 | 12 Sep 2023 |
£183,000 | 10 Sep 2021 |
£128,000 | 19 Dec 2006 |
£42,000 | 1 Sep 1995 |
£24,000 | 5 May 1995 |
Terraced |
Freehold |
Floor Area: 79 sq meters or 850 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 September 2023 the House Price Index for GREATER MANCHESTER was 146.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.295%.Applying this 1.295% change to the original purchase price of £223,500 results in an estimated price of approximately £226,394.
12 Sep 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.7 | 148.6 | 1.295 % | £223,500 | £2,894 | £226,394 |
The Postcode Pricing Model uses changes in average sales price within the SK2 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 | 46.917 % | £104,859 | £328,359 |
3 Month Average | 7.533 % | £16,835 | £240,335 |
6 Month Average | 13.235 % | £29,579 | £253,079 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Sep 2023 | £226,395 | £223,500 | 7 ISLINGTON ROAD |
6 Jul 2023 | £183,723 | £181,250 | 393 BUXTON ROAD |
1 Jun 2023 | £234,845 | £232,000 | 84 CLAREMONT ROAD |
28 Apr 2023 | £236,547 | £234,000 | 76 CLAREMONT ROAD |
21 Apr 2023 | £219,362 | £217,000 | 64 CLAREMONT ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 28 Jul 2021. Using an estimated price of £226,395 means this house is valued at £2,865 per sq meter (£266 per sq foot).
The average size of a house on ISLINGTON ROAD is 86 sq meters (928 sq feet).