£72,516
This estimated value is based upon the latest sale price for the house of £23,375 on 28 Feb 2002. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £23,375 | 28 Feb 2002 |
| £27,500 | 4 Aug 1997 |
| £20,000 | 24 Apr 1996 |
| Terraced |
| Freehold |
| Floor Area: 57 sq meters or 613 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 February 2002 the House Price Index for GREATER MANCHESTER was 48.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 210.229%.Applying this 210.229% change to the original purchase price of £23,375 results in an estimated price of approximately £72,516.
| 28 Feb 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 48.3 | 149.7 | 210.229 % | £23,375 | £49,141 | £72,516 |
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 | 234.519 % | £54,818 | £78,193 |
| 3 Month Average | 260.353 % | £60,857 | £84,232 |
| 6 Month Average | 232.115 % | £54,256 | £77,631 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £141,594 | £138,000 | 129 HOPE STREET |
| 24 Oct 2023 | £250,694 | £245,000 | 169 KING STREET |
| 24 Oct 2023 | £139,161 | £136,000 | 114 CHURCH STREET |
| 1 Mar 2023 | £91,529 | £90,000 | 86 CHURCH STREET |
| 26 Aug 2022 | £261,221 | £260,000 | 116 HOPE STREET |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 1 Jul 2013. Using an estimated price of £72,516 means this house is valued at £1,272 per sq meter (£118 per sq foot).
The average size of a house on CHURCH STREET is 59 sq meters (638 sq feet).