£88,702
This estimated value is based upon the latest sale price for the house of £58,500 on 10 Sep 2014. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £58,500 | 10 Sep 2014 |
| £50,000 | 9 Feb 2011 |
| £14,500 | 19 Jan 2001 |
| Terraced |
| Leasehold |
| Floor Area: 89 sq meters or 957 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 2014 the House Price Index for GREATER MANCHESTER was 98.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 51.628%.Applying this 51.628% change to the original purchase price of £58,500 results in an estimated price of approximately £88,702.
| 10 Sep 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 149.7 | 51.628 % | £58,500 | £30,202 | £88,702 |
The Postcode Pricing Model uses changes in average sales price within the BL2 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 | 34.418 % | £20,134 | £78,634 |
| 3 Month Average | 90.335 % | £52,845 | £111,345 |
| 6 Month Average | 69.078 % | £40,410 | £98,910 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2024 | £126,950 | £125,000 | 116 DORSET STREET |
| 18 Aug 2023 | £125,259 | £123,000 | 112 DORSET STREET |
| 12 Jun 2023 | £183,681 | £180,000 | 79 CASTLE STREET |
| 1 Jul 2022 | £111,113 | £110,000 | 24 CASTLE STREET |
| 8 Apr 2022 | £143,164 | £138,000 | 13 DORSET STREET |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 25 Apr 2012. Using an estimated price of £88,702 means this house is valued at £996 per sq meter (£92 per sq foot).
The average size of a house on CASTLE STREET is 108 sq meters (1,164 sq feet).