£121,101
This estimated value is based upon the latest sale price for the house of £100,000 on 15 Jun 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £100,000 | 15 Jun 2020 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 June 2020 the House Price Index for GREATER MANCHESTER was 122.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.102%.Applying this 21.102% change to the original purchase price of £100,000 results in an estimated price of approximately £121,101.
| 15 Jun 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 148.6 | 21.102 % | £100,000 | £21,101 | £121,101 |
The Postcode Pricing Model uses changes in average sales price within the OL7 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 | 1.263 % | £1,262 | £101,262 |
| 3 Month Average | 28.883 % | £28,883 | £128,883 |
| 6 Month Average | 28.730 % | £28,730 | £128,730 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Jun 2022 | £78,104 | £77,000 | 53 STOCKPORT ROAD |
| 4 May 2022 | £99,882 | £98,000 | 41 STOCKPORT ROAD |
| 23 Mar 2022 | £113,989 | £110,000 | ASHTON PHARMACY, 22 STOCKPORT ROAD |
| 11 Feb 2022 | £136,330 | £130,000 | 3 GROSVENOR PLACE |
| 31 Jan 2022 | £110,503 | £105,000 | 35 STOCKPORT ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 10 Mar 2020. Using an estimated price of £121,102 means this house is valued at £1,532 per sq meter (£142 per sq foot).
There is one other house on the street which we know the size of, this is 15 VICTORIA COURT it is 83.0