£174,227
This estimated value is based upon the latest sale price for the house of £172,000 on 5 Sep 2023. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£172,000 | 5 Sep 2023 |
£100,000 | 7 Feb 2020 |
£98,000 | 11 May 2012 |
£99,950 | 4 Aug 2008 |
Terraced |
Leasehold |
Floor Area: 56 sq meters or 604 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 September 2023 the House Price Index for GREATER MANCHESTER was 146.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.295%.Applying this 1.295% change to the original purchase price of £172,000 results in an estimated price of approximately £174,227.
5 Sep 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.7 | 148.6 | 1.295 % | £172,000 | £2,227 | £174,227 |
The Postcode Pricing Model uses changes in average sales price within the OL6 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 | -8.680 % | £-14,928 | £157,071 |
3 Month Average | -8.033 % | £-13,817 | £158,182 |
6 Month Average | 3.026 % | £5,205 | £177,205 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Sep 2023 | £166,124 | £164,000 | 8 DYSART STREET |
5 Sep 2023 | £174,228 | £172,000 | 20 CORKLAND CLOSE |
13 Apr 2023 | £126,361 | £125,000 | 37 ST JAMES STREET |
11 Nov 2022 | £160,061 | £162,000 | 26 CORKLAND CLOSE |
28 Oct 2022 | £148,402 | £150,000 | 30 CORKLAND STREET |
This house has a floor area of 56 sq meters or 604 sq feet when measured on 11 Oct 2010. Using an estimated price of £174,228 means this house is valued at £3,100 per sq meter (£288 per sq foot).
The average size of a house on CORKLAND CLOSE is 70 sq meters (763 sq feet).
This house is the smallest in the street with a floor area of 56 sq meters (604 sq feet).