£69,779
This estimated value is based upon the latest sale price for the house of £19,000 on 28 Sep 2000. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £19,000 | 28 Sep 2000 |
| Terraced |
| Leasehold |
| Floor Area: 88 sq meters or 947 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 September 2000 the House Price Index for GREATER MANCHESTER was 40.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 267.261%.Applying this 267.261% change to the original purchase price of £19,000 results in an estimated price of approximately £69,779.
| 28 Sep 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.5 | 148.6 | 267.261 % | £19,000 | £50,779 | £69,779 |
The Postcode Pricing Model uses changes in average sales price within the OL1 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 | 735.890 % | £139,819 | £158,819 |
| 3 Month Average | 328.232 % | £62,364 | £81,364 |
| 6 Month Average | 300.322 % | £57,061 | £76,061 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2022 | £99,732 | £100,000 | 150 WEST END STREET |
| 28 Oct 2021 | £221,290 | £199,995 | 172 WEST END STREET |
| 3 Jul 2020 | £58,042 | £48,000 | 4 REDVERS STREET |
| 13 Mar 2020 | £95,151 | £79,000 | 31 DAVIES STREET |
| 27 Sep 2019 | £95,090 | £77,500 | 1 DAVIES STREET |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 5 Feb 2014. Using an estimated price of £69,780 means this house is valued at £792 per sq meter (£73 per sq foot).
The average size of a house on REDVERS STREET is 90 sq meters (975 sq feet).