LOWES HOUSE FLAT 2 RODNEY DRIVE
£119,058
Full Address
Estimated Market Value
£119,058
This estimated value is based upon the latest sale price for the house of £118,125 on 24 Jan 2025. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Transactions for this house
| Price Paid | Date |
|---|---|
| £118,125 | 24 Jan 2025 |
| £93,750 | 24 Sep 2019 |
House Details
| Flats/Maisonettes |
| Leasehold |
House Price Models
Land Registry House Price Index Model
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 January 2025 the House Price Index for GREATER MANCHESTER was 101.2.
The House Price Index as of 1 Apr 2025 is 102.0 which is a change of 0.791%.Applying this 0.791% change to the original purchase price of £118,125 results in an estimated price of approximately £119,058.
| 24 Jan 2025 | 1 Apr 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.2 | 102.0 | 0.791 % | £118,125 | £933 | £119,058 |
The Postcode Pricing Model uses changes in average sales price within the SK6 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 | -33.020 % | £-39,004 | £79,120 |
| 3 Month Average | -9.462 % | £-11,176 | £106,948 |
| 6 Month Average | -4.155 % | £-4,907 | £113,217 |
House Size
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