£177,575
This estimated value is based upon the latest sale price for the house of £84,950 on 4 Mar 2004. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £84,950 | 4 Mar 2004 |
| £65,500 | 28 Mar 2003 |
| £34,950 | 9 Apr 1998 |
| Terraced |
| Leasehold |
| Floor Area: 72 sq meters or 775 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 March 2004 the House Price Index for GREATER MANCHESTER was 71.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 109.035%.Applying this 109.035% change to the original purchase price of £84,950 results in an estimated price of approximately £177,575.
| 4 Mar 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 71.1 | 148.6 | 109.035 % | £84,950 | £92,625 | £177,575 |
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 | 89.180 % | £75,758 | £160,708 |
| 3 Month Average | 127.331 % | £108,167 | £193,117 |
| 6 Month Average | 115.460 % | £98,083 | £183,033 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Sep 2023 | £184,864 | £182,500 | 15 DERBY STREET |
| 24 Apr 2023 | £148,600 | £147,000 | 107 OLD CHAPEL STREET |
| 31 Jan 2023 | £198,067 | £199,000 | 29 BULKELEY STREET |
| 25 Aug 2022 | £157,576 | £158,000 | 88 OLD CHAPEL STREET |
| 22 Jun 2022 | £134,906 | £133,000 | 9 STOPFORD STREET |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 18 Dec 2014. Using an estimated price of £177,575 means this house is valued at £2,466 per sq meter (£229 per sq foot).
The average size of a house on DERBY STREET is 73 sq meters (786 sq feet).