£180,662
This estimated value is based upon the latest sale price for the house of £175,000 on 13 May 2024. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £175,000 | 13 May 2024 |
| £112,000 | 16 Sep 2016 |
| £80,000 | 22 Apr 2005 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 740 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 2024 the House Price Index for GREATER MANCHESTER was 98.9.
The House Price Index as of 1 Jan 2025 is 102.1 which is a change of 3.236%.Applying this 3.236% change to the original purchase price of £175,000 results in an estimated price of approximately £180,662.
| 13 May 2024 | 1 Jan 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.9 | 102.1 | 3.236 % | £175,000 | £5,662 | £180,662 |
The Postcode Pricing Model uses changes in average sales price within the SK4 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 | -8.740 % | £-15,295 | £159,704 |
| 3 Month Average | 13.313 % | £23,297 | £198,297 |
| 6 Month Average | -3.395 % | £-5,941 | £169,058 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2024 | £174,194 | £173,000 | 104 BELMONT STREET |
| 29 Aug 2024 | £172,044 | £168,000 | 96 BELMONT STREET |
| 13 May 2024 | £180,662 | £175,000 | 8 CHEVIOT CLOSE |
| 2 Jun 2023 | £321,330 | £310,000 | 1 COTSWOLD ROAD |
| 28 Apr 2023 | £215,383 | £208,000 | 31 CHURCHILL STREET |
This house has a floor area of 68 sq meters or 740 sq feet when measured on 16 Aug 2010. Using an estimated price of £180,662 means this house is valued at £2,627 per sq meter (£244 per sq foot).
The average size of a house on CHEVIOT CLOSE is 69 sq meters (747 sq feet).