£145,231
This estimated value is based upon the latest sale price for the house of £52,950 on 16 Aug 2002. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £52,950 | 16 Aug 2002 |
| Terraced |
| Leasehold |
| Floor Area: 82 sq meters or 882 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 August 2002 the House Price Index for GREATER MANCHESTER was 54.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 174.280%.Applying this 174.280% change to the original purchase price of £52,950 results in an estimated price of approximately £145,231.
| 16 Aug 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 54.2 | 148.6 | 174.280 % | £52,950 | £92,281 | £145,231 |
The Postcode Pricing Model uses changes in average sales price within the SK3 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 | 125.012 % | £66,193 | £119,143 |
| 3 Month Average | 184.833 % | £97,868 | £150,818 |
| 6 Month Average | 186.309 % | £98,650 | £151,600 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £170,778 | £168,250 | 66 ADSWOOD ROAD |
| 11 Aug 2023 | £224,464 | £222,500 | 45 MENAI ROAD |
| 21 Jul 2023 | £164,717 | £162,500 | 161 LOWFIELD ROAD |
| 24 Jun 2022 | £248,512 | £245,000 | 118 ADSWOOD ROAD |
| 6 May 2022 | £2,336 | £2,292 | 155 LOWFIELD ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 12 Sep 2018. Using an estimated price of £145,231 means this house is valued at £1,771 per sq meter (£164 per sq foot).
The average size of a house on LOWFIELD ROAD is 84 sq meters (909 sq feet).