£156,182
This estimated value is based upon the latest sale price for the house of £125,000 on 23 Feb 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £125,000 | 23 Feb 2018 |
| £116,750 | 23 Dec 2016 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 February 2018 the House Price Index for GREATER MANCHESTER was 118.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.946%.Applying this 24.946% change to the original purchase price of £125,000 results in an estimated price of approximately £156,182.
| 23 Feb 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 148.6 | 24.946 % | £125,000 | £31,182 | £156,182 |
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 | -4.456 % | £-5,570 | £119,429 |
| 3 Month Average | 11.740 % | £14,675 | £139,675 |
| 6 Month Average | 36.889 % | £46,111 | £171,111 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £123,580 | £122,000 | 89 WAKEFIELD ROAD |
| 31 Jul 2023 | £141,910 | £140,000 | 110 CAMBRIDGE STREET |
| 14 Jul 2023 | £120,117 | £118,500 | APARTMENT 9 STOKES MILL HIGHER TAME STREET |
| 17 Mar 2023 | £171,617 | £170,000 | 5 HYDES TERRACE |
| 15 Feb 2023 | £152,397 | £152,500 | 101 WAKEFIELD ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 18 Apr 2016. Using an estimated price of £156,183 means this house is valued at £1,816 per sq meter (£168 per sq foot).
The average size of a house on WAKEFIELD ROAD is 108 sq meters (1,165 sq feet).