£118,723
This estimated value is based upon the latest sale price for the house of £110,000 on 10 Dec 2021. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £110,000 | 10 Dec 2021 |
| £40,000 | 24 Jun 2002 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 2021 the House Price Index for GREATER MANCHESTER was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £110,000 results in an estimated price of approximately £118,723.
| 10 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £110,000 | £8,723 | £118,723 |
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 | -25.145 % | £-27,659 | £82,340 |
| 3 Month Average | -1.516 % | £-1,668 | £108,331 |
| 6 Month Average | -2.591 % | £-2,849 | £107,150 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Apr 2023 | £95,282 | £93,500 | 77 CHEETHAM HILL ROAD |
| 23 Mar 2023 | £165,768 | £163,000 | 97 CHEETHAM HILL ROAD |
| 19 Aug 2022 | £261,221 | £260,000 | 24 CHEETHAM HILL ROAD |
| 29 Jul 2022 | £101,012 | £100,000 | 100 CHEETHAM HILL ROAD |
| 13 Apr 2022 | £140,571 | £135,500 | 106 CHEETHAM HILL ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 19 Oct 2021. Using an estimated price of £118,724 means this house is valued at £1,364 per sq meter (£126 per sq foot).
The average size of a house on CHEETHAM HILL ROAD is 89 sq meters (960 sq feet).