£81,435
This estimated value is based upon the latest sale price for the house of £63,000 on 24 Apr 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £63,000 | 24 Apr 2017 |
| £59,000 | 20 Oct 2006 |
| £38,000 | 5 Dec 2005 |
| £26,000 | 5 May 2005 |
| £25,000 | 6 Apr 2001 |
| £40,000 | 6 Jul 1997 |
| Terraced |
| Freehold |
| Floor Area: 56 sq meters or 602 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 2017 the House Price Index for GREATER MANCHESTER was 115.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.262%.Applying this 29.262% change to the original purchase price of £63,000 results in an estimated price of approximately £81,435.
| 24 Apr 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 148.6 | 29.262 % | £63,000 | £18,435 | £81,435 |
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 | 257.174 % | £162,019 | £225,019 |
| 3 Month Average | 72.909 % | £45,932 | £108,932 |
| 6 Month Average | 46.128 % | £29,060 | £92,060 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £68,600 | £68,000 | 9 SPREADBURY STREET |
| 6 Apr 2023 | £213,297 | £211,000 | 34 BRENDON AVENUE |
| 17 Jan 2023 | £165,222 | £166,000 | 16 BRENDON AVENUE |
| 12 Jan 2023 | £119,437 | £120,000 | 41 LEVENS STREET |
| 23 Aug 2022 | £180,514 | £181,000 | 28 BRENDON AVENUE |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 22 Feb 2017. Using an estimated price of £81,435 means this house is valued at £1,454 per sq meter (£135 per sq foot).
The average size of a house on SPREADBURY STREET is 65 sq meters (704 sq feet).