£156,807
This estimated value is based upon the latest sale price for the house of £120,000 on 9 Jan 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£120,000 | 9 Jan 2017 |
£40,500 | 7 Nov 1997 |
Terraced |
Freehold |
Floor Area: 69 sq meters or 742 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 January 2017 the House Price Index for GREATER MANCHESTER was 113.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.673%.Applying this 30.673% change to the original purchase price of £120,000 results in an estimated price of approximately £156,807.
9 Jan 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
113.7 | 148.6 | 30.673 % | £120,000 | £36,807 | £156,807 |
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 | 21.706 % | £26,047 | £146,047 |
3 Month Average | 41.577 % | £49,892 | £169,892 |
6 Month Average | 41.135 % | £49,362 | £169,362 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Nov 2023 | £187,780 | £185,000 | 6 KENSINGTON STREET |
6 Nov 2023 | £187,780 | £185,000 | 17 KENSINGTON STREET |
6 Sep 2023 | £248,173 | £245,000 | 82 STOCKPORT ROAD |
11 Aug 2023 | £136,191 | £135,000 | 2 KENSINGTON AVENUE |
1 Jun 2023 | £143,741 | £142,000 | 25 KENSINGTON STREET |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 18 Jul 2016. Using an estimated price of £156,808 means this house is valued at £2,272 per sq meter (£211 per sq foot).
The average size of a house on SMITHY FOLD ROAD is 114 sq meters (1,237 sq feet).