£134,331
This estimated value is based upon the latest sale price for the house of £118,000 on 10 May 2021. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £118,000 | 10 May 2021 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 May 2021 the House Price Index for GREATER MANCHESTER was 131.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 13.840%.Applying this 13.840% change to the original purchase price of £118,000 results in an estimated price of approximately £134,331.
| 10 May 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 131.5 | 149.7 | 13.840 % | £118,000 | £16,331 | £134,331 |
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 | 9.837 % | £11,608 | £129,608 |
| 3 Month Average | 0.826 % | £975 | £118,975 |
| 6 Month Average | 9.306 % | £10,981 | £128,981 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Apr 2024 | £131,139 | £130,000 | 83 PERCY STREET |
| 4 Apr 2024 | £75,657 | £75,000 | 23 CROWN STREET |
| 1 Aug 2023 | £137,480 | £135,000 | 1 CROWN GARDENS |
| 16 Jun 2023 | £207,151 | £203,000 | 82 KINGSWAY |
| 3 Mar 2023 | £177,464 | £174,500 | 91 PERCY STREET |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 31 Oct 2013. Using an estimated price of £134,332 means this house is valued at £1,580 per sq meter (£146 per sq foot).
The average size of a house on NEWTON STREET is 119 sq meters (1,280 sq feet).
This house is the largest in the street with a floor area of 85 sq meters (914 sq feet).