£88,275
This estimated value is based upon the latest sale price for the house of £55,000 on 12 Dec 2013. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £55,000 | 12 Dec 2013 |
| Terraced |
| Leasehold |
| Floor Area: 75 sq meters or 807 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 December 2013 the House Price Index for GREATER MANCHESTER was 92.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 60.502%.Applying this 60.502% change to the original purchase price of £55,000 results in an estimated price of approximately £88,275.
| 12 Dec 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.6 | 148.6 | 60.502 % | £55,000 | £33,275 | £88,275 |
The Postcode Pricing Model uses changes in average sales price within the BL1 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 | 37.897 % | £20,843 | £75,843 |
| 3 Month Average | 32.648 % | £17,956 | £72,956 |
| 6 Month Average | 33.319 % | £18,325 | £73,325 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £111,959 | £110,000 | 188 HALLIWELL ROAD |
| 14 Dec 2023 | £82,442 | £81,000 | 20 CLYDE STREET |
| 18 Mar 2022 | £103,626 | £100,000 | 8 LANCASTER WALK |
| 16 Dec 2021 | £117,851 | £110,000 | 198 HALLIWELL ROAD |
| 19 Nov 2021 | £129,782 | £120,000 | 102 HALLIWELL ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 14 Oct 2013. Using an estimated price of £88,276 means this house is valued at £1,177 per sq meter (£109 per sq foot).
There is one other house on the street which we know the size of, this is 1 NEWTON STREET it is 75.0