£107,301
This estimated value is based upon the latest sale price for the house of £80,000 on 26 Aug 2016. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £80,000 | 26 Aug 2016 |
| Terraced |
| Freehold |
| Floor Area: 90 sq meters or 973 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 August 2016 the House Price Index for GREATER MANCHESTER was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £80,000 results in an estimated price of approximately £107,301.
| 26 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.126 % | £80,000 | £27,301 | £107,301 |
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 | 30.059 % | £24,047 | £104,047 |
| 3 Month Average | 61.893 % | £49,514 | £129,514 |
| 6 Month Average | 61.080 % | £48,863 | £128,863 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £295,327 | £290,000 | 13 CLARE ROAD |
| 21 Jun 2023 | £198,988 | £195,000 | 14 CLARE ROAD |
| 2 Jun 2023 | £197,151 | £193,200 | 12 CLARE ROAD |
| 10 Nov 2022 | £256,799 | £258,000 | 2 GREG STREET |
| 8 Jul 2022 | £194,448 | £192,500 | 12 DYSERTH GROVE |
This house has a floor area of 90 sq meters or 973 sq feet when measured on 29 Oct 2009. Using an estimated price of £107,301 means this house is valued at £1,186 per sq meter (£110 per sq foot).
The average size of a house on BANGOR STREET is 73 sq meters (788 sq feet).