£64,159
This estimated value is based upon the latest sale price for the house of £35,000 on 26 Aug 2005. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £35,000 | 26 Aug 2005 |
| Terraced |
| Leasehold |
| Floor Area: 80 sq meters or 861 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 August 2005 the House Price Index for GREATER MANCHESTER was 81.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 83.313%.Applying this 83.313% change to the original purchase price of £35,000 results in an estimated price of approximately £64,159.
| 26 Aug 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.1 | 148.6 | 83.313 % | £35,000 | £29,159 | £64,159 |
The Postcode Pricing Model uses changes in average sales price within the BL3 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 | 37.755 % | £13,214 | £48,214 |
| 3 Month Average | 67.709 % | £23,698 | £58,698 |
| 6 Month Average | 73.385 % | £25,684 | £60,684 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 May 2022 | £101,920 | £100,000 | 169 HAMEL STREET |
| 3 Feb 2022 | £66,068 | £63,000 | 3 COBHAM AVENUE |
| 21 Dec 2021 | £149,993 | £140,000 | 189 HAMEL STREET |
| 26 Nov 2021 | £118,967 | £110,000 | 99 HIGHER SWAN LANE |
| 12 Nov 2021 | £116,263 | £107,500 | 53 HIGHER SWAN LANE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 28 Feb 2019. Using an estimated price of £64,159 means this house is valued at £801 per sq meter (£74 per sq foot).
The average size of a house on HAMEL STREET is 89 sq meters (959 sq feet).