£181,149
This estimated value is based upon the latest sale price for the house of £147,000 on 8 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 |
|---|---|
| £147,000 | 8 Oct 2018 |
| £120,000 | 25 Jul 2014 |
| £120,000 | 28 Oct 2005 |
| £46,950 | 11 Feb 2000 |
| Terraced |
| Freehold |
| Floor Area: 54 sq meters or 581 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 £147,000 results in an estimated price of approximately £181,149.
| 8 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £147,000 | £34,149 | £181,149 |
The Postcode Pricing Model uses changes in average sales price within the SK1 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 | -3.702 % | £-5,441 | £141,558 |
| 3 Month Average | 39.973 % | £58,760 | £205,760 |
| 6 Month Average | 41.572 % | £61,110 | £208,110 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2023 | £169,483 | £168,000 | 4 HINTON MEWS TURNCROFT LANE |
| 4 Aug 2023 | £201,765 | £200,000 | 266 TURNCROFT LANE |
| 22 Jun 2023 | £225,734 | £223,000 | 14 BROWNWOOD AVENUE |
| 1 Jun 2023 | £212,575 | £210,000 | 23 ELLWOOD ROAD |
| 31 Mar 2023 | £1,514,266 | £1,500,000 | 5 OLDHAM AVENUE |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 24 Aug 2012. Using an estimated price of £181,149 means this house is valued at £3,354 per sq meter (£311 per sq foot).
The average size of a house on ELLWOOD ROAD is 70 sq meters (759 sq feet).
This house is the smallest in the street with a floor area of 54 sq meters (581 sq feet).