£59,102
This estimated value is based upon the latest sale price for the house of £47,000 on 13 Apr 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £47,000 | 13 Apr 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 516 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 2018 the House Price Index for GREATER MANCHESTER was 119.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.749%.Applying this 25.749% change to the original purchase price of £47,000 results in an estimated price of approximately £59,102.
| 13 Apr 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 149.7 | 25.749 % | £47,000 | £12,102 | £59,102 |
The Postcode Pricing Model uses changes in average sales price within the OL16 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 | 109.783 % | £51,598 | £98,598 |
| 3 Month Average | 40.753 % | £19,154 | £66,154 |
| 6 Month Average | 25.073 % | £11,784 | £58,784 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Oct 2023 | £86,975 | £85,000 | 36 BERWICK STREET |
| 17 Mar 2023 | £81,359 | £80,000 | 35 STAMFORD STREET |
| 11 Jun 2021 | £73,499 | £68,000 | 34 MOSS STREET |
| 6 Nov 2020 | £79,420 | £68,000 | 16 STAMFORD STREET |
| 4 Jun 2020 | £97,598 | £80,000 | 4 LYEFIELD WALK |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 21 Nov 2012. Using an estimated price of £59,102 means this house is valued at £1,231 per sq meter (£114 per sq foot).
There is one other house on the street which we know the size of, this is 21 MORNINGSIDE CLOSE it is 48.0