£87,636
This estimated value is based upon the latest sale price for the house of £69,000 on 23 Aug 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £69,000 | 23 Aug 2017 |
| £65,000 | 15 Nov 2016 |
| £55,000 | 21 Oct 2014 |
| £40,000 | 26 Mar 2004 |
| £14,500 | 28 Apr 2000 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 2017 the House Price Index for GREATER MANCHESTER was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £69,000 results in an estimated price of approximately £87,636.
| 23 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 148.6 | 27.009 % | £69,000 | £18,636 | £87,636 |
The Postcode Pricing Model uses changes in average sales price within the M18 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 | 107.375 % | £74,089 | £143,089 |
| 3 Month Average | 67.335 % | £46,460 | £115,460 |
| 6 Month Average | 58.908 % | £40,646 | £109,646 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £132,315 | £130,000 | 273 ABBEY HEY LANE |
| 4 Sep 2023 | £119,528 | £118,000 | 304 ABBEY HEY LANE |
| 10 Mar 2023 | £136,284 | £135,000 | 297 ABBEY HEY LANE |
| 6 Sep 2022 | £99,199 | £100,000 | 68 MADISON STREET |
| 7 Jun 2022 | £81,147 | £80,000 | 22 MADISON STREET |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 25 Feb 2015. Using an estimated price of £87,636 means this house is valued at £1,095 per sq meter (£101 per sq foot).
The average size of a house on SANDOWN STREET is 89 sq meters (958 sq feet).