£179,055
This estimated value is based upon the latest sale price for the house of £145,000 on 7 Sep 2018. 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 | 7 Sep 2018 |
| £120,000 | 14 Aug 2009 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 717 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 September 2018 the House Price Index for GREATER MANCHESTER was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.487%.Applying this 23.487% change to the original purchase price of £145,000 results in an estimated price of approximately £179,055.
| 7 Sep 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.487 % | £145,000 | £34,055 | £179,055 |
The Postcode Pricing Model uses changes in average sales price within the SK14 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 | 30.158 % | £43,728 | £188,728 |
| 3 Month Average | 16.351 % | £23,709 | £168,709 |
| 6 Month Average | 25.192 % | £36,528 | £181,528 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £187,780 | £185,000 | 6 KENSINGTON STREET |
| 6 Nov 2023 | £187,780 | £185,000 | 17 KENSINGTON STREET |
| 6 Sep 2023 | £248,173 | £245,000 | 82 STOCKPORT ROAD |
| 11 Aug 2023 | £136,191 | £135,000 | 2 KENSINGTON AVENUE |
| 1 Jun 2023 | £143,741 | £142,000 | 25 KENSINGTON STREET |
This house has a floor area of 66 sq meters or 717 sq feet when measured on 20 Oct 2008. Using an estimated price of £179,056 means this house is valued at £2,686 per sq meter (£249 per sq foot).
The average size of a house on SMITHY FOLD ROAD is 114 sq meters (1,237 sq feet).
This house is the smallest in the street with a floor area of 66 sq meters (717 sq feet).