£259,231
This estimated value is based upon the latest sale price for the house of £257,500 on 28 Feb 2023. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £257,500 | 28 Feb 2023 |
| £185,000 | 24 Jan 2020 |
| £154,995 | 14 Dec 2006 |
| Semi-Detached |
| Leasehold |
| Floor Area: 73 sq meters or 785 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 £257,500 results in an estimated price of approximately £259,231.
| 28 Feb 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 149.7 | 0.672 % | £257,500 | £1,731 | £259,231 |
The Postcode Pricing Model uses changes in average sales price within the SK15 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 | -18.117 % | £-46,651 | £210,848 |
| 3 Month Average | -16.296 % | £-41,961 | £215,538 |
| 6 Month Average | -18.688 % | £-48,122 | £209,377 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £145,000 | £145,000 | 10 LAKE ROAD |
| 15 Dec 2023 | £123,804 | £120,000 | 112 SPRINGS LANE |
| 12 Oct 2023 | £147,347 | £144,000 | 121 SPRINGS LANE |
| 15 Sep 2023 | £176,388 | £172,500 | 183 SPRINGS LANE |
| 1 Sep 2023 | £138,043 | £135,000 | 26 THE CLOSE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 5 May 2012. Using an estimated price of £259,232 means this house is valued at £3,551 per sq meter (£329 per sq foot).
The average size of a house on LAKES VIEW is 91 sq meters (984 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Public order | Under investigation | On or near Mellor Road |