£163,439
This estimated value is based upon the latest sale price for the house of £29,000 on 29 Feb 1996. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £29,000 | 29 Feb 1996 |
| Terraced |
| Leasehold |
| Floor Area: 84 sq meters or 910 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 February 1996 the House Price Index for GREATER MANCHESTER was 26.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 463.584%.Applying this 463.584% change to the original purchase price of £29,000 results in an estimated price of approximately £163,439.
| 29 Feb 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.4 | 148.6 | 463.584 % | £29,000 | £134,439 | £163,439 |
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 | 358.312 % | £103,910 | £132,910 |
| 3 Month Average | 397.312 % | £115,220 | £144,220 |
| 6 Month Average | 401.318 % | £116,382 | £145,382 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £213,740 | £210,000 | 43 KIMBERLEY STREET |
| 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 |
| 15 Jul 2022 | £160,432 | £160,000 | 55 KIMBERLEY STREET |
This house has a floor area of 84 sq meters or 910 sq feet when measured on 11 Dec 2009. Using an estimated price of £163,439 means this house is valued at £1,932 per sq meter (£179 per sq foot).
The average size of a house on MENAI ROAD is 108 sq meters (1,169 sq feet).