£93,464
This estimated value is based upon the latest sale price for the house of £68,500 on 29 Apr 2016. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£68,500 | 29 Apr 2016 |
£23,000 | 20 Nov 1998 |
Terraced |
Leasehold |
Floor Area: 73 sq meters or 785 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 2016 the House Price Index for GREATER MANCHESTER was 109.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.444%.Applying this 36.444% change to the original purchase price of £68,500 results in an estimated price of approximately £93,464.
29 Apr 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
109.7 | 149.7 | 36.444 % | £68,500 | £24,964 | £93,464 |
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 | 37.952 % | £25,997 | £94,497 |
3 Month Average | 56.922 % | £38,991 | £107,491 |
6 Month Average | 50.771 % | £34,778 | £103,278 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Sep 2023 | £71,578 | £70,000 | 16 WOODFIELD STREET |
15 Feb 2023 | £85,572 | £85,000 | 10 SADLER STREET |
25 Oct 2022 | £71,741 | £71,981 | 15 BRADFORD ROAD |
5 Aug 2022 | £145,681 | £145,000 | 12 WOODFIELD STREET |
2 Aug 2022 | £80,376 | £80,000 | 115 CRESCENT ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 2 Jan 2014. Using an estimated price of £93,464 means this house is valued at £1,280 per sq meter (£118 per sq foot).
The average size of a house on SADLER STREET is 87 sq meters (943 sq feet).