£164,617
This estimated value is based upon the latest sale price for the house of £117,000 on 23 Oct 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £117,000 | 23 Oct 2015 |
| £90,000 | 25 Mar 2011 |
| £48,950 | 25 May 2001 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 October 2015 the House Price Index for GREATER MANCHESTER was 105.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 40.699%.Applying this 40.699% change to the original purchase price of £117,000 results in an estimated price of approximately £164,617.
| 23 Oct 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 148.6 | 40.699 % | £117,000 | £47,617 | £164,617 |
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 | 105.044 % | £122,901 | £239,901 |
| 3 Month Average | 62.660 % | £73,311 | £190,311 |
| 6 Month Average | 76.103 % | £89,040 | £206,040 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £278,562 | £275,000 | 2 ADCROFT STREET |
| 29 Aug 2023 | £127,962 | £126,843 | 8 HARROP STREET |
| 23 Aug 2023 | £592,685 | £587,500 | 28 CHARLES STREET |
| 30 Jun 2023 | £170,060 | £168,000 | 1 HARROP STREET |
| 8 Jun 2023 | £137,668 | £136,000 | 6 HARROP STREET |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 27 Jul 2015. Using an estimated price of £164,618 means this house is valued at £1,870 per sq meter (£173 per sq foot).
The average size of a house on CHARLES STREET is 73 sq meters (788 sq feet).