£56,820
This estimated value is based upon the latest sale price for the house of £30,000 on 28 Jan 2005. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £30,000 | 28 Jan 2005 |
| £17,000 | 23 Sep 2004 |
| £23,000 | 13 May 2004 |
| £20,000 | 4 Jul 2003 |
| £12,000 | 15 May 2003 |
| Terraced |
| Freehold |
| Floor Area: 62 sq meters or 667 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 January 2005 the House Price Index for GREATER MANCHESTER was 79.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 89.400%.Applying this 89.400% change to the original purchase price of £30,000 results in an estimated price of approximately £56,820.
| 28 Jan 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.0 | 149.7 | 89.400 % | £30,000 | £26,820 | £56,820 |
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 | 179.579 % | £53,873 | £83,873 |
| 3 Month Average | 173.722 % | £52,116 | £82,116 |
| 6 Month Average | 197.571 % | £59,271 | £89,271 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £164,167 | £160,000 | 137 ADRIAN STREET |
| 15 Sep 2023 | £173,832 | £170,000 | 283 LIGHTBOWNE ROAD |
| 18 Aug 2023 | £45,827 | £45,000 | 25 SULBY STREET |
| 20 Jun 2023 | £153,067 | £150,000 | 96 LANGWORTHY ROAD |
| 14 Jun 2023 | £153,067 | £150,000 | 218 LIGHTBOWNE ROAD |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 23 Dec 2019. Using an estimated price of £56,820 means this house is valued at £916 per sq meter (£85 per sq foot).
The average size of a house on SULBY STREET is 77 sq meters (832 sq feet).