£180,908
This estimated value is based upon the latest sale price for the house of £177,500 on 25 May 2022. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £177,500 | 25 May 2022 |
| £177,500 | 25 May 2022 |
| £88,000 | 27 Feb 2004 |
| £45,000 | 6 Mar 2000 |
| £20,000 | 18 Jun 1999 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 May 2022 the House Price Index for GREATER MANCHESTER was 145.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.920%.Applying this 1.920% change to the original purchase price of £177,500 results in an estimated price of approximately £180,908.
| 25 May 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 148.6 | 1.920 % | £177,500 | £3,408 | £180,908 |
The Postcode Pricing Model uses changes in average sales price within the SK15 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 | -37.296 % | £-66,200 | £111,299 |
| 3 Month Average | -28.498 % | £-50,584 | £126,915 |
| 6 Month Average | -13.755 % | £-24,414 | £153,085 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Feb 2023 | £154,896 | £155,000 | 81 LORD STREET |
| 25 May 2022 | £180,909 | £177,500 | 61 LORD STREET |
| 20 May 2022 | £145,746 | £143,000 | 47 LORD STREET |
| 8 Apr 2022 | £187,423 | £182,000 | 73 LORD STREET |
| 22 Mar 2022 | £141,968 | £137,000 | 27 SAND STREET |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 7 Dec 2021. Using an estimated price of £180,909 means this house is valued at £2,233 per sq meter (£207 per sq foot).
The average size of a house on LORD STREET is 87 sq meters (942 sq feet).