£63,955
This estimated value is based upon the latest sale price for the house of £26,500 on 7 Apr 2003. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £26,500 | 7 Apr 2003 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 2003 the House Price Index for GREATER MANCHESTER was 62.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 141.341%.Applying this 141.341% change to the original purchase price of £26,500 results in an estimated price of approximately £63,955.
| 7 Apr 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 62.0 | 149.7 | 141.341 % | £26,500 | £37,455 | £63,955 |
The Postcode Pricing Model uses changes in average sales price within the M40 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 | 426.716 % | £113,079 | £139,579 |
| 3 Month Average | 383.574 % | £101,647 | £128,147 |
| 6 Month Average | 419.923 % | £111,279 | £137,779 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Oct 2023 | £161,672 | £158,000 | 40 LORING STREET |
| 24 Aug 2023 | £177,196 | £174,000 | 122 DROYLSDEN ROAD |
| 23 Jun 2023 | £153,067 | £150,000 | 18 LORING STREET |
| 9 Jun 2023 | £119,393 | £117,000 | 5 WALLIS STREET |
| 24 Feb 2023 | £135,908 | £135,000 | 5 HETHORN STREET |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 13 Jul 2015. Using an estimated price of £63,955 means this house is valued at £761 per sq meter (£70 per sq foot).
The average size of a house on WALLIS STREET is 90 sq meters (973 sq feet).