£196,890
This estimated value is based upon the latest sale price for the house of £160,000 on 30 Aug 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £160,000 | 30 Aug 2019 |
| £67,500 | 30 Mar 2001 |
| £49,000 | 20 Oct 1997 |
| Terraced |
| Leasehold |
| Floor Area: 104 sq meters or 1,119 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 2019 the House Price Index for GREATER MANCHESTER was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £160,000 results in an estimated price of approximately £196,890.
| 30 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.6 | 23.056 % | £160,000 | £36,890 | £196,890 |
The Postcode Pricing Model uses changes in average sales price within the SK14 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 | 101.093 % | £161,749 | £321,749 |
| 3 Month Average | 21.273 % | £34,036 | £194,036 |
| 6 Month Average | 20.117 % | £32,187 | £192,187 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £220,768 | £217,500 | 32 KING EDWARD ROAD |
| 29 Sep 2023 | £197,526 | £195,000 | 31 ACORN AVENUE |
| 1 Jun 2023 | £156,901 | £155,000 | 53 KING EDWARD ROAD |
| 18 Jan 2023 | £166,217 | £167,000 | FLAT 10A KING EDWARDS COURT KING EDWARD ROAD |
| 13 Jun 2022 | £182,580 | £180,000 | 15 ACORN AVENUE |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 11 Mar 2019. Using an estimated price of £196,890 means this house is valued at £1,893 per sq meter (£175 per sq foot).
The average size of a house on KING EDWARD ROAD is 83 sq meters (902 sq feet).