£141,710
This estimated value is based upon the latest sale price for the house of £115,000 on 2 Nov 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £115,000 | 2 Nov 2018 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 893 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 November 2018 the House Price Index for GREATER MANCHESTER was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £115,000 results in an estimated price of approximately £141,710.
| 2 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £115,000 | £26,710 | £141,710 |
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 | 45.741 % | £52,602 | £167,602 |
| 3 Month Average | 36.612 % | £42,104 | £157,104 |
| 6 Month Average | 34.319 % | £39,467 | £154,467 |
| 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 83 sq meters or 893 sq feet when measured on 6 Sep 2014. Using an estimated price of £141,711 means this house is valued at £1,707 per sq meter (£158 per sq foot).
There is one other house on the street which we know the size of, this is 1 VICTORIA COURT it is 79.0