£57,240
This estimated value is based upon the latest sale price for the house of £17,875 on 7 Nov 2001. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£17,875 | 7 Nov 2001 |
Terraced |
Freehold |
Floor Area: 145 sq meters or 1,560 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 2001 the House Price Index for GREATER MANCHESTER was 46.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 220.228%.Applying this 220.228% change to the original purchase price of £17,875 results in an estimated price of approximately £57,240.
7 Nov 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
46.4 | 148.6 | 220.228 % | £17,875 | £39,365 | £57,240 |
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 | 399.549 % | £71,419 | £89,294 |
3 Month Average | 367.549 % | £65,699 | £83,574 |
6 Month Average | 319.646 % | £57,136 | £75,011 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Jul 2022 | £97,763 | £97,500 | 72 RYECROFT STREET |
29 Jun 2022 | £78,104 | £77,000 | 53 STOCKPORT ROAD |
12 May 2022 | £147,785 | £145,000 | 36 TRAFALGAR STREET |
4 May 2022 | £99,882 | £98,000 | 41 STOCKPORT ROAD |
23 Mar 2022 | £113,989 | £110,000 | ASHTON PHARMACY, 22 STOCKPORT ROAD |
This house has a floor area of 145 sq meters or 1,560 sq feet when measured on 16 Jan 2015. Using an estimated price of £57,241 means this house is valued at £394 per sq meter (£36 per sq foot).
The average size of a house on STOCKPORT ROAD is 103 sq meters (1,118 sq feet).