£108,693
This estimated value is based upon the latest sale price for the house of £85,257 on 31 Jul 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£85,257 | 31 Jul 2017 |
£43,750 | 4 Sep 2002 |
Terraced |
Leasehold |
Floor Area: 74 sq meters or 796 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 July 2017 the House Price Index for GREATER MANCHESTER was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £85,257 results in an estimated price of approximately £108,693.
31 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.6 | 148.6 | 27.489 % | £85,257 | £23,436 | £108,693 |
The Postcode Pricing Model uses changes in average sales price within the WN1 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 | -20.587 % | £-17,551 | £67,705 |
3 Month Average | -7.754 % | £-6,610 | £78,646 |
6 Month Average | -1.195 % | £-1,018 | £84,238 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Nov 2023 | £119,773 | £118,000 | 23 STIRLING STREET |
22 Jul 2022 | £200,540 | £200,000 | 14 HEELEY STREET |
18 Jul 2022 | £145,391 | £145,000 | 34 CHELMSFORD MEWS |
6 May 2022 | £141,669 | £139,000 | 46 HOLME TERRACE |
1 Feb 2022 | £132,136 | £126,000 | 6 STIRLING STREET |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 29 Jun 2021. Using an estimated price of £108,693 means this house is valued at £1,468 per sq meter (£136 per sq foot).
The average size of a house on ALFRED STREET is 79 sq meters (859 sq feet).