£147,187
This estimated value is based upon the latest sale price for the house of £145,000 on 5 May 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 | 5 May 2022 |
| £46,700 | 23 Sep 1999 |
| Flats/Maisonettes |
| Leasehold |
| 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 May 2022 the House Price Index for GREATER MANCHESTER was 145.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.509%.Applying this 1.509% change to the original purchase price of £145,000 results in an estimated price of approximately £147,187.
| 5 May 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 148.0 | 1.509 % | £145,000 | £2,187 | £147,187 |
The Postcode Pricing Model uses changes in average sales price within the SK2 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 | 39.181 % | £56,812 | £201,812 |
| 3 Month Average | 14.750 % | £21,387 | £166,387 |
| 6 Month Average | 8.338 % | £12,090 | £157,090 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Aug 2023 | £125,362 | £124,600 | FLAT 1 WILLOW LODGE, 14 LISBURNE LANE |
| 1 Aug 2023 | £118,973 | £118,250 | 16 WILDFLOWER CLOSE |
| 23 Jun 2023 | £133,079 | £132,000 | FLAT 7 DINMORE COURT, 16 LISBURNE LANE |
| 4 Nov 2022 | £255,851 | £260,000 | 5 HOLLYMOUNT GARDENS |
| 17 Oct 2022 | £118,242 | £120,000 | 11 RICHMOND COURT LISBURNE LANE |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 7 Dec 2021. Using an estimated price of £147,188 means this house is valued at £2,582 per sq meter (£239 per sq foot).
The average size of a house on LISBURNE LANE is 97 sq meters (1,053 sq feet).