£137,197
This estimated value is based upon the latest sale price for the house of £30,000 on 26 Jan 1999. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£30,000 | 26 Jan 1999 |
Terraced |
Leasehold |
Floor Area: 125 sq meters or 1,345 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 January 1999 the House Price Index for GREATER MANCHESTER was 32.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 357.324%.Applying this 357.324% change to the original purchase price of £30,000 results in an estimated price of approximately £137,197.
26 Jan 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
32.7 | 149.7 | 357.324 % | £30,000 | £107,197 | £137,197 |
The Postcode Pricing Model uses changes in average sales price within the OL16 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 | 240.605 % | £72,181 | £102,181 |
3 Month Average | 250.070 % | £75,021 | £105,021 |
6 Month Average | 235.603 % | £70,681 | £100,681 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Jan 2023 | £140,375 | £140,000 | 10 EAST STREET |
29 Apr 2022 | £98,555 | £95,000 | 5 TRAFALGAR STREET |
23 Mar 2022 | £149,282 | £143,000 | 96 RAMSAY STREET |
11 Mar 2022 | £88,734 | £85,000 | 3 SOUTH COURT SOUTH STREET |
11 Feb 2022 | £126,775 | £120,000 | 86 RAMSAY STREET |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 29 Aug 2016. Using an estimated price of £137,197 means this house is valued at £1,097 per sq meter (£101 per sq foot).
The average size of a house on RAMSAY STREET is 105 sq meters (1,130 sq feet).