£94,278
This estimated value is based upon the latest sale price for the house of £54,000 on 17 Jun 2011. 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 | 17 Jun 2011 |
Terraced |
Freehold |
Floor Area: 63 sq meters or 687 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 June 2011 the House Price Index for GREATER MANCHESTER was 85.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.591%.Applying this 74.591% change to the original purchase price of £54,000 results in an estimated price of approximately £94,278.
17 Jun 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
85.7 | 149.7 | 74.591 % | £54,000 | £40,278 | £94,278 |
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 | 97.962 % | £52,899 | £106,899 |
3 Month Average | 73.290 % | £39,576 | £93,576 |
6 Month Average | 78.191 % | £42,223 | £96,223 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £175,967 | £171,500 | 34 QUEENS ROAD |
13 Sep 2023 | £94,074 | £92,000 | 13 WARDLOW STREET |
6 Mar 2023 | £91,529 | £90,000 | 17 QUEENS ROAD |
27 Feb 2023 | £140,941 | £140,000 | 199 DEANE CHURCH LANE |
12 Jul 2022 | £80,810 | £80,000 | 2 DESIGN STREET |
This house has a floor area of 63 sq meters or 687 sq feet when measured on 23 Mar 2011. Using an estimated price of £94,279 means this house is valued at £1,475 per sq meter (£137 per sq foot).
The average size of a house on DESIGN STREET is 86 sq meters (926 sq feet).