£79,497
This estimated value is based upon the latest sale price for the house of £78,000 on 31 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 |
|---|---|
| £78,000 | 31 May 2022 |
| £5,500 | 15 Sep 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 43 sq meters or 462 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 £78,000 results in an estimated price of approximately £79,497.
| 31 May 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 148.6 | 1.920 % | £78,000 | £1,497 | £79,497 |
The Postcode Pricing Model uses changes in average sales price within the M18 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 | 16.731 % | £13,050 | £91,050 |
| 3 Month Average | 8.053 % | £6,281 | £84,281 |
| 6 Month Average | 4.529 % | £3,532 | £81,532 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Jun 2023 | £131,594 | £130,000 | 47 BAKEWELL STREET |
| 30 Mar 2023 | £201,902 | £200,000 | 3 CROSFIELD GROVE |
| 31 May 2022 | £79,498 | £78,000 | FLAT 3 620 HYDE ROAD |
| 28 Jan 2022 | £242,054 | £230,000 | 55 HAWORTH ROAD |
| 17 Sep 2021 | £161,639 | £150,000 | 31 HAWORTH ROAD |
This house has a floor area of 43 sq meters or 462 sq feet when measured on 19 Nov 2021. Using an estimated price of £79,498 means this house is valued at £1,848 per sq meter (£171 per sq foot).
The average size of a house on HYDE ROAD is 94 sq meters (1,012 sq feet).