£154,940
This estimated value is based upon the latest sale price for the house of £122,000 on 29 Nov 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £122,000 | 29 Nov 2017 |
| £31,000 | 22 Jun 2001 |
| Semi-Detached |
| Leasehold |
| Floor Area: 59 sq meters or 635 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 November 2017 the House Price Index for GREATER MANCHESTER was 117.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.000%.Applying this 27.000% change to the original purchase price of £122,000 results in an estimated price of approximately £154,940.
| 29 Nov 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 149.7 | 27.000 % | £122,000 | £32,940 | £154,940 |
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 | 50.467 % | £61,570 | £183,570 |
| 3 Month Average | 34.478 % | £42,063 | £164,063 |
| 6 Month Average | 41.116 % | £50,161 | £172,161 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £171,489 | £170,000 | 11 CLOSES FARM |
| 20 Dec 2023 | £128,963 | £125,000 | 70 GEORGINA STREET |
| 11 Dec 2023 | £295,067 | £286,000 | 17 ZETLAND AVENUE |
| 14 Apr 2023 | £105,982 | £104,000 | 40 GEORGINA STREET |
| 14 Apr 2023 | £112,097 | £110,000 | 48 GEORGINA STREET |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 18 Nov 2015. Using an estimated price of £154,940 means this house is valued at £2,626 per sq meter (£243 per sq foot).
The average size of a house on CHILHAM STREET is 86 sq meters (936 sq feet).