£219,668
This estimated value is based upon the latest sale price for the house of £92,745 on 2 May 2003. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £92,745 | 2 May 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 70 sq meters or 753 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 May 2003 the House Price Index for GREATER MANCHESTER was 62.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 136.852%.Applying this 136.852% change to the original purchase price of £92,745 results in an estimated price of approximately £219,668.
| 2 May 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 62.7 | 148.6 | 136.852 % | £92,745 | £126,923 | £219,668 |
The Postcode Pricing Model uses changes in average sales price within the SK15 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 | 35.616 % | £33,031 | £125,776 |
| 3 Month Average | 62.446 % | £57,915 | £150,660 |
| 6 Month Average | 102.919 % | £95,452 | £188,197 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Aug 2023 | £140,227 | £139,000 | FLAT 14 GLADSTONE MILL WARRINGTON STREET |
| 28 Jul 2023 | £130,760 | £129,000 | FLAT 60 GLADSTONE MILL WARRINGTON STREET |
| 21 Jul 2023 | £136,842 | £135,000 | FLAT 31 MILLERS WHARF CORN MILL LANE |
| 30 Jun 2023 | £133,619 | £132,000 | FLAT 2 MILLERS WHARF CORN MILL LANE |
| 25 Nov 2022 | £121,528 | £123,000 | FLAT 18 MILLERS WHARF CORN MILL LANE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 28 Apr 2016. Using an estimated price of £219,668 means this house is valued at £3,138 per sq meter (£291 per sq foot).
The average size of a house on CORN MILL LANE is 65 sq meters (708 sq feet).