£101,245
This estimated value is based upon the latest sale price for the house of £54,000 on 27 Apr 2009. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £54,000 | 27 Apr 2009 |
| Terraced |
| Leasehold |
| Floor Area: 78 sq meters or 839 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 April 2009 the House Price Index for GREATER MANCHESTER was 79.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 87.491%.Applying this 87.491% change to the original purchase price of £54,000 results in an estimated price of approximately £101,245.
| 27 Apr 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 149.7 | 87.491 % | £54,000 | £47,245 | £101,245 |
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 | 75.747 % | £40,903 | £94,903 |
| 3 Month Average | 77.350 % | £41,769 | £95,769 |
| 6 Month Average | 67.963 % | £36,700 | £90,700 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £181,577 | £180,000 | 43 THE SHEDDINGS |
| 1 Mar 2024 | £162,497 | £160,000 | 12 THE SHEDDINGS |
| 27 Oct 2023 | £168,835 | £165,000 | 41 THE SHEDDINGS |
| 11 Oct 2023 | £81,859 | £80,000 | 5 VIKING STREET |
| 22 Sep 2023 | £122,705 | £120,000 | 21 SPRINGFIELD STREET |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 2 Jul 2012. Using an estimated price of £101,245 means this house is valued at £1,298 per sq meter (£120 per sq foot).
The average size of a house on PRESTON STREET is 85 sq meters (922 sq feet).