£125,409
This estimated value is based upon the latest sale price for the house of £34,950 on 1 Dec 2000. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £34,950 | 1 Dec 2000 |
| Terraced |
| Leasehold |
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 2000 the House Price Index for GREATER MANCHESTER was 41.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 258.825%.Applying this 258.825% change to the original purchase price of £34,950 results in an estimated price of approximately £125,409.
| 1 Dec 2000 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 41.2 | 148.0 | 258.825 % | £34,950 | £90,459 | £125,409 |
The Postcode Pricing Model uses changes in average sales price within the SK5 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 | 297.118 % | £103,842 | £138,792 |
| 3 Month Average | 285.769 % | £99,876 | £134,826 |
| 6 Month Average | 314.247 % | £109,829 | £144,779 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £137,603 | £135,000 | FLAT 205 HOULDSWORTH MILL WATERHOUSE WAY |
| 16 Nov 2023 | £159,042 | £157,000 | 18 WESTMINSTER AVENUE |
| 16 Aug 2023 | £188,094 | £186,950 | 9 SPRINGFIELD AVENUE |
| 20 Jul 2023 | £204,939 | £203,000 | FLAT 411 HOULDSWORTH MILL WATERHOUSE WAY |
| 30 Jun 2023 | £134,087 | £133,000 | FLAT 406 HOULDSWORTH MILL WATERHOUSE WAY |