£345,046
This estimated value is based upon the latest sale price for the house of £280,000 on 31 Oct 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £280,000 | 31 Oct 2018 |
| £174,500 | 10 Jul 2009 |
| £82,500 | 10 Nov 2000 |
| Terraced |
| Freehold |
| Floor Area: 120 sq meters or 1,298 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 October 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 23.231%.Applying this 23.231% change to the original purchase price of £280,000 results in an estimated price of approximately £345,046.
| 31 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £280,000 | £65,046 | £345,046 |
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 | 7.132 % | £19,969 | £299,969 |
| 3 Month Average | 29.374 % | £82,246 | £362,246 |
| 6 Month Average | 29.803 % | £83,449 | £363,449 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Mar 2024 | £190,000 | £190,000 | 2 HERBERT STREET |
| 20 Dec 2023 | £229,007 | £225,000 | 40 HARDCASTLE ROAD |
| 30 Jun 2023 | £306,918 | £303,200 | 177 CASTLE STREET |
| 17 Apr 2023 | £195,101 | £193,000 | 12 DALE STREET |
| 14 Oct 2022 | £196,138 | £198,250 | 19 HERBERT STREET |
This house has a floor area of 120 sq meters or 1,298 sq feet when measured on 29 Oct 2008. Using an estimated price of £345,047 means this house is valued at £2,861 per sq meter (£265 per sq foot).
The average size of a house on DALE STREET is 88 sq meters (949 sq feet).