£127,931
This estimated value is based upon the latest sale price for the house of £39,950 on 23 Nov 2001. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £39,950 | 23 Nov 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 November 2001 the House Price Index for GREATER MANCHESTER was 46.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 220.228%.Applying this 220.228% change to the original purchase price of £39,950 results in an estimated price of approximately £127,931.
| 23 Nov 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 46.4 | 148.6 | 220.228 % | £39,950 | £87,981 | £127,931 |
The Postcode Pricing Model uses changes in average sales price within the SK5 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 | 261.676 % | £104,539 | £144,489 |
| 3 Month Average | 257.953 % | £103,052 | £143,002 |
| 6 Month Average | 274.683 % | £109,735 | £149,685 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £250,000 | £250,000 | 31 CLARENDON STREET |
| 19 Dec 2023 | £176,590 | £173,500 | 64 BURY STREET |
| 5 Apr 2023 | £181,959 | £180,000 | 25 CABOT PLACE |
| 4 Apr 2022 | £149,269 | £144,950 | 19 CABOT PLACE |
| 11 Mar 2022 | £212,434 | £205,000 | 21 JOWETT STREET |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 18 Aug 2017. Using an estimated price of £127,931 means this house is valued at £1,453 per sq meter (£135 per sq foot).
The average size of a house on PEARSON STREET is 91 sq meters (985 sq feet).
This house is the largest in the street with a floor area of 88 sq meters (947 sq feet).