£57,261
This estimated value is based upon the latest sale price for the house of £35,750 on 2 May 2008. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £35,750 | 2 May 2008 |
| £69,445 | 15 Nov 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 53 sq meters or 574 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 2008 the House Price Index for GREATER MANCHESTER was 93.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 60.173%.Applying this 60.173% change to the original purchase price of £35,750 results in an estimated price of approximately £57,261.
| 2 May 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.5 | 149.7 | 60.173 % | £35,750 | £21,511 | £57,261 |
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 | 104.639 % | £37,408 | £73,158 |
| 3 Month Average | 76.680 % | £27,413 | £63,163 |
| 6 Month Average | 66.678 % | £23,837 | £59,587 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £213,277 | £210,000 | 44 LYME GROVE |
| 30 Oct 2023 | £276,275 | £270,000 | 20 LOWFIELD ROAD |
| 4 Oct 2023 | £1,499,046 | £1,465,000 | 250 WELLINGTON ROAD SOUTH |
| 15 Sep 2023 | £230,072 | £225,000 | 22 LOWFIELD ROAD |
| 11 Aug 2023 | £234,224 | £230,000 | 234 WELLINGTON ROAD SOUTH |
This house has a floor area of 53 sq meters or 574 sq feet when measured on 23 Dec 2010. Using an estimated price of £57,262 means this house is valued at £1,072 per sq meter (£99 per sq foot).
The average size of a house on LOWFIELD ROAD is 91 sq meters (981 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Crosby Street |