£8,625
This estimated value is based upon the latest sale price for the house of £7,000 on 21 May 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £7,000 | 21 May 2020 |
| £880,000 | 21 Jul 2014 |
| £970,000 | 12 Oct 2007 |
| £800,000 | 16 Aug 2006 |
| £375,000 | 28 Sep 2005 |
| Freehold |
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 2020 the House Price Index for GREATER MANCHESTER was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.224%.Applying this 23.224% change to the original purchase price of £7,000 results in an estimated price of approximately £8,625.
| 21 May 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.224 % | £7,000 | £1,625 | £8,625 |
The Postcode Pricing Model uses changes in average sales price within the SK7 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 | 142.021 % | £9,941 | £16,941 |
| 3 Month Average | 31.207 % | £2,184 | £9,184 |
| 6 Month Average | 12.857 % | £899 | £7,899 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Oct 2023 | £734,175 | £717,500 | PEAR TREE COTTAGE LEES LANE |
| 14 Apr 2023 | £489,149 | £480,000 | 106 ADLINGTON ROAD |
| 23 Mar 2023 | £661,039 | £650,000 | THE COTTAGE LEES LANE |
| 31 Jan 2023 | £551,474 | £550,000 | DEAN COURT WOODFORD ROAD |
| 25 Nov 2022 | £463,284 | £465,450 | BLUE BELL COTTAGE BLOSSOMS LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lees Lane |
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Lees Lane |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chapel Road |