£262,135
This estimated value is based upon the latest sale price for the house of £212,500 on 20 Dec 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £212,500 | 20 Dec 2018 |
| £141,000 | 25 Nov 2011 |
| £54,000 | 15 Aug 1997 |
| £39,000 | 31 Mar 1995 |
| Terraced |
| 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 December 2018 the House Price Index for GREATER MANCHESTER was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.358%.Applying this 23.358% change to the original purchase price of £212,500 results in an estimated price of approximately £262,135.
| 20 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.358 % | £212,500 | £49,635 | £262,135 |
The Postcode Pricing Model uses changes in average sales price within the SK6 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 | 26.115 % | £55,495 | £267,995 |
| 3 Month Average | 16.342 % | £34,726 | £247,226 |
| 6 Month Average | 16.461 % | £34,978 | £247,478 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Jul 2023 | £235,165 | £232,000 | 47 UPPER HIBBERT LANE |
| 6 Sep 2022 | £376,956 | £380,000 | 3 DIAMOND TERRACE |
| 24 Aug 2022 | £224,396 | £225,000 | 1 UPPER HIBBERT LANE |
| 31 May 2022 | £407,682 | £400,000 | 81 UPPER HIBBERT LANE |
| 31 May 2022 | £264,993 | £260,000 | 4 MILTON CLOSE |