£157,861
This estimated value is based upon the latest sale price for the house of £150,000 on 31 Jan 2022. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £150,000 | 31 Jan 2022 |
| £82,500 | 18 Mar 2010 |
| £68,000 | 20 Jul 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 January 2022 the House Price Index for GREATER MANCHESTER was 141.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 5.241%.Applying this 5.241% change to the original purchase price of £150,000 results in an estimated price of approximately £157,861.
| 31 Jan 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 148.6 | 5.241 % | £150,000 | £7,861 | £157,861 |
The Postcode Pricing Model uses changes in average sales price within the SK16 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 | 101.330 % | £151,994 | £301,994 |
| 3 Month Average | -5.037 % | £-7,554 | £142,445 |
| 6 Month Average | 3.596 % | £5,393 | £155,393 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £111,425 | £110,000 | 91 ARMADALE ROAD |
| 22 Aug 2023 | £151,324 | £150,000 | 9 JACKSON AVENUE |
| 23 Jan 2023 | £199,062 | £200,000 | 90 BOYDS WALK |
| 13 Jan 2023 | £169,203 | £170,000 | 47 ARMADALE ROAD |
| 29 Apr 2022 | £159,619 | £155,000 | 6 BROADBENT AVENUE |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 27 Aug 2020. Using an estimated price of £157,861 means this house is valued at £1,627 per sq meter (£151 per sq foot).
The average size of a house on MORAR ROAD is 98 sq meters (1,061 sq feet).