£149,906
This estimated value is based upon the latest sale price for the house of £145,500 on 19 Jan 2024. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £145,500 | 19 Jan 2024 |
| £25,500 | 14 Aug 1998 |
| Terraced |
| Leasehold |
| Floor Area: 50 sq meters or 538 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 2024 the House Price Index for GREATER MANCHESTER was 145.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.028%.Applying this 3.028% change to the original purchase price of £145,500 results in an estimated price of approximately £149,906.
| 19 Jan 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.3 | 149.7 | 3.028 % | £145,500 | £4,406 | £149,906 |
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 | -13.895 % | £-20,217 | £125,282 |
| 3 Month Average | 2.995 % | £4,358 | £149,858 |
| 6 Month Average | -4.344 % | £-6,320 | £139,179 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £299,194 | £290,000 | 70 GREG STREET |
| 5 Sep 2023 | £276,086 | £270,000 | 26 GREG STREET |
| 31 Mar 2023 | £201,363 | £198,000 | 78 REDDISH ROAD |
| 10 Nov 2022 | £256,799 | £258,000 | 2 GREG STREET |
| 7 Jul 2022 | £222,227 | £220,000 | 5 GAIR ROAD |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 5 Jun 2014.
The average size of a house on BANGOR STREET is 73 sq meters (788 sq feet).