£128,006
This estimated value is based upon the latest sale price for the house of £78,000 on 28 Feb 2007. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £78,000 | 28 Feb 2007 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 66 sq meters or 710 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 February 2007 the House Price Index for GREATER MANCHESTER was 91.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 64.111%.Applying this 64.111% change to the original purchase price of £78,000 results in an estimated price of approximately £128,006.
| 28 Feb 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.2 | 149.7 | 64.111 % | £78,000 | £50,006 | £128,006 |
The Postcode Pricing Model uses changes in average sales price within the BL3 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 | 55.532 % | £43,315 | £121,315 |
| 3 Month Average | 43.347 % | £33,810 | £111,810 |
| 6 Month Average | 44.590 % | £34,780 | £112,780 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Dec 2023 | £170,231 | £165,000 | 11 RAMWELL GARDENS |
| 13 Oct 2023 | £107,440 | £105,000 | 4 FERN STREET |
| 21 Oct 2022 | £59,800 | £60,000 | 8 FERN STREET |
| 29 Jul 2022 | £121,215 | £120,000 | 54 ALBERTA STREET |
| 21 Apr 2022 | £92,331 | £89,000 | 12 FERN STREET |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 23 Sep 2013. Using an estimated price of £128,007 means this house is valued at £1,939 per sq meter (£180 per sq foot).
The average size of a house on ALBERTA STREET is 77 sq meters (834 sq feet).