£236,751
This estimated value is based upon the latest sale price for the house of £190,000 on 17 Aug 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £190,000 | 17 Aug 2018 |
| £160,000 | 9 Jun 2006 |
| Semi-Detached |
| Leasehold |
| Floor Area: 106 sq meters or 1,140 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 August 2018 the House Price Index for GREATER MANCHESTER was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £190,000 results in an estimated price of approximately £236,751.
| 17 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 149.7 | 24.606 % | £190,000 | £46,751 | £236,751 |
The Postcode Pricing Model uses changes in average sales price within the SK16 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 | 12.587 % | £23,915 | £213,915 |
| 3 Month Average | 35.113 % | £66,715 | £256,715 |
| 6 Month Average | 43.889 % | £83,389 | £273,389 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £178,000 | £178,000 | 6 LODGE LANE |
| 27 Oct 2023 | £248,647 | £243,000 | 40 VICARAGE DRIVE |
| 18 Aug 2023 | £261,720 | £257,000 | 18 VICARAGE DRIVE |
| 23 Jun 2023 | £168,374 | £165,000 | 51 VICARAGE DRIVE |
| 21 Apr 2023 | £203,812 | £200,000 | 1 MAURICE CLOSE |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 22 Feb 2018. Using an estimated price of £236,751 means this house is valued at £2,233 per sq meter (£207 per sq foot).