£119,153
This estimated value is based upon the latest sale price for the house of £65,000 on 26 Aug 2005. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£65,000 | 26 Aug 2005 |
Terraced |
Leasehold |
Floor Area: 71 sq meters or 764 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 August 2005 the House Price Index for GREATER MANCHESTER was 81.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 83.313%.Applying this 83.313% change to the original purchase price of £65,000 results in an estimated price of approximately £119,153.
26 Aug 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
81.1 | 148.6 | 83.313 % | £65,000 | £54,153 | £119,153 |
The Postcode Pricing Model uses changes in average sales price within the WN1 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 | 15.556 % | £10,111 | £75,111 |
3 Month Average | 24.557 % | £15,961 | £80,961 |
6 Month Average | 18.815 % | £12,229 | £77,229 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Nov 2023 | £119,773 | £118,000 | 23 STIRLING STREET |
22 Jul 2022 | £200,540 | £200,000 | 14 HEELEY STREET |
18 Jul 2022 | £145,391 | £145,000 | 34 CHELMSFORD MEWS |
1 Feb 2022 | £132,136 | £126,000 | 6 STIRLING STREET |
28 Oct 2021 | £184,782 | £167,000 | 15 HEELEY STREET |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 11 Jul 2018. Using an estimated price of £119,153 means this house is valued at £1,678 per sq meter (£155 per sq foot).
The average size of a house on ALFRED STREET is 79 sq meters (859 sq feet).