£171,390
This estimated value is based upon the latest sale price for the house of £152,500 on 3 Aug 2021. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£152,500 | 3 Aug 2021 |
£147,500 | 17 May 2019 |
£174,708 | 17 Nov 2007 |
Flats/Maisonettes |
Leasehold |
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 August 2021 the House Price Index for GREATER MANCHESTER was 133.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 12.387%.Applying this 12.387% change to the original purchase price of £152,500 results in an estimated price of approximately £171,390.
3 Aug 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
133.2 | 149.7 | 12.387 % | £152,500 | £18,890 | £171,390 |
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 | -3.552 % | £-5,416 | £147,083 |
3 Month Average | -7.237 % | £-11,036 | £141,463 |
6 Month Average | -1.767 % | £-2,695 | £149,804 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Oct 2023 | £158,602 | £155,000 | FLAT 21 WOODGROVE COURT PETER STREET |
12 Oct 2023 | £153,486 | £150,000 | FLAT 51 WOODGROVE COURT PETER STREET |
16 Jun 2023 | £126,536 | £124,000 | FLAT 30 WOODGROVE COURT PETER STREET |
31 Mar 2023 | £218,652 | £215,000 | FLAT 12 WOODGROVE COURT PETER STREET |
25 Jan 2023 | £170,455 | £170,000 | FLAT 7 WOODGROVE COURT PETER STREET |