£128,126
This estimated value is based upon the latest sale price for the house of £103,000 on 8 Jun 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £103,000 | 8 Jun 2018 |
| £65,000 | 6 Oct 2017 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 June 2018 the House Price Index for GREATER MANCHESTER was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £103,000 results in an estimated price of approximately £128,126.
| 8 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.6 | 24.394 % | £103,000 | £25,126 | £128,126 |
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 | -38.917 % | £-40,084 | £62,915 |
| 3 Month Average | -0.754 % | £-777 | £102,222 |
| 6 Month Average | 25.338 % | £26,098 | £129,098 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £171,500 | £170,000 | 198 RIDGE HILL LANE |
| 6 Jan 2023 | £236,386 | £237,500 | 23 BOULDERSTONE ROAD |
| 9 Sep 2022 | £240,061 | £242,000 | 97 BROADHILL ROAD |
| 9 Aug 2022 | £254,315 | £255,000 | 26 BOULDERSTONE ROAD |
| 14 Jul 2022 | £226,109 | £225,500 | 52 LONGRIDGE AVENUE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 27 Jul 2017. Using an estimated price of £128,126 means this house is valued at £1,663 per sq meter (£154 per sq foot).