£194,970
This estimated value is based upon the latest sale price for the house of £120,000 on 25 Nov 2013. 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 | 25 Nov 2013 |
| £114,500 | 28 Jan 2011 |
| £32,000 | 26 Mar 1998 |
| Terraced |
| Leasehold |
| Floor Area: 95 sq meters or 1,022 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 November 2013 the House Price Index for GREATER MANCHESTER was 91.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 62.475%.Applying this 62.475% change to the original purchase price of £120,000 results in an estimated price of approximately £194,970.
| 25 Nov 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.5 | 148.6 | 62.475 % | £120,000 | £74,970 | £194,970 |
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 | 56.754 % | £68,104 | £188,104 |
| 3 Month Average | 85.341 % | £102,408 | £222,408 |
| 6 Month Average | 74.675 % | £89,609 | £209,609 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £155,299 | £153,000 | 25 PITT STREET |
| 7 Sep 2023 | £184,864 | £182,500 | 15 DERBY STREET |
| 3 Mar 2023 | £585,516 | £580,000 | 56 CASTLE STREET |
| 31 Jan 2023 | £198,067 | £199,000 | 29 BULKELEY STREET |
| 19 Aug 2022 | £199,962 | £200,500 | 27 YORK STREET |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 3 Sep 2020. Using an estimated price of £194,970 means this house is valued at £2,052 per sq meter (£190 per sq foot).
The average size of a house on BOWDON STREET is 97 sq meters (1,051 sq feet).