£211,498
This estimated value is based upon the latest sale price for the house of £205,000 on 15 Dec 2023. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£205,000 | 15 Dec 2023 |
£167,000 | 6 Dec 2013 |
Terraced |
Leasehold |
Floor Area: 101 sq meters or 1,087 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 December 2023 the House Price Index for GREATER MANCHESTER was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £205,000 results in an estimated price of approximately £211,498.
15 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.1 | 149.7 | 3.170 % | £205,000 | £6,498 | £211,498 |
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 | 91.342 % | £187,250 | £392,250 |
3 Month Average | 24.479 % | £50,181 | £255,181 |
6 Month Average | 13.757 % | £28,202 | £233,202 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £211,499 | £205,000 | 78 MANCHESTER ROAD |
12 Dec 2023 | £37,141 | £36,000 | WHARFINGERS HOUSE CANAL STREET |
24 Nov 2023 | £235,990 | £230,000 | 27 ANN STREET |
20 Nov 2023 | £257,537 | £251,000 | 24 ANN STREET |
22 Sep 2023 | £88,961 | £87,000 | 18 ANN STREET |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 18 Sep 2013. Using an estimated price of £211,499 means this house is valued at £2,094 per sq meter (£194 per sq foot).
The average size of a house on MANCHESTER ROAD is 98 sq meters (1,056 sq feet).