£127,964
This estimated value is based upon the latest sale price for the house of £75,000 on 27 Apr 2012. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £75,000 | 27 Apr 2012 |
| Terraced |
| Freehold |
| Floor Area: 64 sq meters or 695 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 April 2012 the House Price Index for GREATER MANCHESTER was 87.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.620%.Applying this 70.620% change to the original purchase price of £75,000 results in an estimated price of approximately £127,964.
| 27 Apr 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 148.6 | 70.620 % | £75,000 | £52,964 | £127,964 |
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 | 62.521 % | £46,890 | £121,890 |
| 3 Month Average | 88.308 % | £66,230 | £141,230 |
| 6 Month Average | 83.444 % | £62,583 | £137,583 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £283,433 | £280,000 | 192 NORTHGATE ROAD |
| 24 Feb 2023 | £189,872 | £190,000 | 178 CHATHAM STREET |
| 17 Aug 2022 | £109,705 | £110,000 | 167A CHATHAM STREET |
| 14 Apr 2022 | £239,428 | £232,500 | 213 OLD CHAPEL STREET |
| 19 Nov 2021 | £204,406 | £189,000 | 231 OLD CHAPEL STREET |
This house has a floor area of 64 sq meters or 695 sq feet when measured on 19 Jul 2011. Using an estimated price of £127,965 means this house is valued at £1,981 per sq meter (£184 per sq foot).
The average size of a house on CHELMSFORD ROAD is 71 sq meters (767 sq feet).