£191,951
This estimated value is based upon the latest sale price for the house of £119,500 on 5 Apr 2007. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £119,500 | 5 Apr 2007 |
| 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 April 2007 the House Price Index for GREATER MANCHESTER was 92.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 60.629%.Applying this 60.629% change to the original purchase price of £119,500 results in an estimated price of approximately £191,951.
| 5 Apr 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.5 | 148.6 | 60.629 % | £119,500 | £72,451 | £191,951 |
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 | 33.026 % | £39,465 | £158,965 |
| 3 Month Average | 62.370 % | £74,531 | £194,031 |
| 6 Month Average | 54.880 % | £65,581 | £185,081 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £197,391 | £195,000 | 14 LORNE GROVE |
| 28 Jun 2023 | £156,901 | £155,000 | 34 SHAW ROAD SOUTH |
| 24 Apr 2023 | £192,068 | £190,000 | 38 SHAW ROAD SOUTH |
| 15 Aug 2022 | £190,986 | £191,500 | 15 LORNE GROVE |
| 14 Jul 2022 | £260,702 | £260,000 | 35 SHAW ROAD SOUTH |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 28 May 2015. Using an estimated price of £191,951 means this house is valued at £2,665 per sq meter (£247 per sq foot).
The average size of a house on SHAW ROAD SOUTH is 72 sq meters (779 sq feet).