£235,437
This estimated value is based upon the latest sale price for the house of £86,950 on 22 Aug 2002. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £86,950 | 22 Aug 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 43 sq meters or 462 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 August 2002 the House Price Index for GREATER MANCHESTER was 54.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 170.773%.Applying this 170.773% change to the original purchase price of £86,950 results in an estimated price of approximately £235,437.
| 22 Aug 2002 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 54.2 | 146.7 | 170.773 % | £86,950 | £148,487 | £235,437 |
The Postcode Pricing Model uses changes in average sales price within the SK2 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 | 149.790 % | £130,242 | £217,192 |
| 3 Month Average | 172.547 % | £150,029 | £236,979 |
| 6 Month Average | 205.759 % | £178,907 | £265,857 |
This house has a floor area of 43 sq meters or 462 sq feet when measured on 22 Feb 2018.
The average size of a house on NIAGARA STREET is 79 sq meters (850 sq feet).
This house is the smallest in the street with a floor area of 43 sq meters (462 sq feet).