£242,610
This estimated value is based upon the latest sale price for the house of £220,000 on 13 Aug 2021. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £220,000 | 13 Aug 2021 |
| £167,500 | 26 Oct 2018 |
| £143,500 | 7 Sep 2007 |
| £77,950 | 31 May 2002 |
| Terraced |
| Leasehold |
| Floor Area: 79 sq meters or 850 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 2021 the House Price Index for GREATER MANCHESTER was 133.3.
The House Price Index as of 1 Jan 2024 is 147.0 which is a change of 10.278%.Applying this 10.278% change to the original purchase price of £220,000 results in an estimated price of approximately £242,610.
| 13 Aug 2021 | 1 Jan 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.3 | 147.0 | 10.278 % | £220,000 | £22,610 | £242,610 |
The Postcode Pricing Model uses changes in average sales price within the SK2 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 | 64.260 % | £141,371 | £361,371 |
| 3 Month Average | 15.469 % | £34,031 | £254,031 |
| 6 Month Average | -1.135 % | £-2,496 | £217,503 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £283,074 | £285,000 | 18 TORONTO ROAD |
| 25 Jul 2023 | £251,258 | £251,600 | 16 REGENT ROAD |
| 21 Jul 2023 | £249,660 | £250,000 | 13 TORONTO ROAD |
| 28 Jun 2023 | £209,572 | £210,000 | 17 TORONTO ROAD |
| 27 Jun 2023 | £209,572 | £210,000 | 34 SOUDAN ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 18 Jul 2013. Using an estimated price of £242,611 means this house is valued at £3,071 per sq meter (£285 per sq foot).
The average size of a house on REGENT ROAD is 93 sq meters (1,003 sq feet).