£148,717
This estimated value is based upon the latest sale price for the house of £145,000 on 7 Apr 2022. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £145,000 | 7 Apr 2022 |
| £130,000 | 11 Jan 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 71 sq meters or 764 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 April 2022 the House Price Index for GREATER MANCHESTER was 144.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 2.564%.Applying this 2.564% change to the original purchase price of £145,000 results in an estimated price of approximately £148,717.
| 7 Apr 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 148.0 | 2.564 % | £145,000 | £3,717 | £148,717 |
The Postcode Pricing Model uses changes in average sales price within the SK1 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 | 52.716 % | £76,438 | £221,438 |
| 3 Month Average | 10.934 % | £15,854 | £160,854 |
| 6 Month Average | 24.065 % | £34,894 | £179,894 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £214,050 | £210,000 | 98 TURNCROFT LANE |
| 29 Nov 2023 | £162,081 | £160,000 | APARTMENT 12 ALDER HEIGHTS NEW ZEALAND ROAD |
| 24 Nov 2023 | £273,511 | £270,000 | 170 TURNCROFT LANE |
| 17 Nov 2023 | £227,926 | £225,000 | 1 STREAM TERRACE |
| 10 Nov 2023 | £193,484 | £191,000 | 80 TURNCROFT LANE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 30 Nov 2018. Using an estimated price of £148,718 means this house is valued at £2,094 per sq meter (£194 per sq foot).
The average size of a house on NEW ZEALAND ROAD is 70 sq meters (763 sq feet).