£180,555
This estimated value is based upon the latest sale price for the house of £146,000 on 17 Apr 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £146,000 | 17 Apr 2019 |
| £92,000 | 4 May 2012 |
| £114,000 | 2 Jun 2006 |
| £42,000 | 20 Aug 1999 |
| Terraced |
| Freehold |
| Floor Area: 56 sq meters or 608 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 2019 the House Price Index for GREATER MANCHESTER was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.668%.Applying this 23.668% change to the original purchase price of £146,000 results in an estimated price of approximately £180,555.
| 17 Apr 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.668 % | £146,000 | £34,555 | £180,555 |
The Postcode Pricing Model uses changes in average sales price within the SK1 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 | -1.519 % | £-2,217 | £143,782 |
| 3 Month Average | 46.699 % | £68,179 | £214,179 |
| 6 Month Average | 43.281 % | £63,190 | £209,190 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2023 | £196,721 | £195,000 | 35 ELLWOOD ROAD |
| 15 Aug 2023 | £255,233 | £253,000 | 356 TURNCROFT LANE |
| 23 Feb 2023 | £219,852 | £220,000 | 217 TURNCROFT LANE |
| 18 Nov 2022 | £209,463 | £212,000 | 209 TURNCROFT LANE |
| 20 May 2022 | £208,937 | £205,000 | 76 ELLWOOD ROAD |
This house has a floor area of 56 sq meters or 608 sq feet when measured on 25 Mar 2011. Using an estimated price of £180,555 means this house is valued at £3,195 per sq meter (£296 per sq foot).
The average size of a house on GRENDALE AVENUE is 71 sq meters (767 sq feet).