£197,630
This estimated value is based upon the latest sale price for the house of £183,400 on 29 Sep 2021. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £183,400 | 29 Sep 2021 |
| £115,000 | 14 Mar 2012 |
| £112,000 | 24 Feb 2006 |
| £52,950 | 14 May 1999 |
| £27,500 | 28 Sep 1995 |
| Semi-Detached |
| Leasehold |
| Floor Area: 64 sq meters or 699 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 September 2021 the House Price Index for GREATER MANCHESTER was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £183,400 results in an estimated price of approximately £197,630.
| 29 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £183,400 | £14,230 | £197,630 |
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 | -26.281 % | £-48,199 | £135,200 |
| 3 Month Average | 0.327 % | £599 | £183,999 |
| 6 Month Average | -10.348 % | £-18,977 | £164,422 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £229,007 | £225,000 | 24 FINLAND ROAD |
| 20 Dec 2023 | £208,651 | £205,000 | 52 STOCKHOLM ROAD |
| 17 Nov 2023 | £197,930 | £195,000 | 5 STOCKHOLM ROAD |
| 7 Aug 2023 | £221,942 | £220,000 | 3 VIENNA ROAD |
| 10 Mar 2023 | £208,969 | £207,000 | 3 STOCKHOLM ROAD |
This house has a floor area of 64 sq meters or 699 sq feet when measured on 23 May 2011. Using an estimated price of £197,630 means this house is valued at £3,041 per sq meter (£282 per sq foot).
The average size of a house on STOCKHOLM ROAD is 72 sq meters (781 sq feet).