£131,466
This estimated value is based upon the latest sale price for the house of £72,000 on 4 Nov 2005. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£72,000 | 4 Nov 2005 |
Terraced |
Freehold |
Floor Area: 68 sq meters or 731 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 2005 the House Price Index for GREATER MANCHESTER was 82.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 82.592%.Applying this 82.592% change to the original purchase price of £72,000 results in an estimated price of approximately £131,466.
4 Nov 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
82.0 | 149.7 | 82.592 % | £72,000 | £59,466 | £131,466 |
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 | 74.561 % | £53,683 | £125,683 |
3 Month Average | 65.350 % | £47,052 | £119,052 |
6 Month Average | 67.368 % | £48,505 | £120,505 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Oct 2023 | £153,486 | £150,000 | 8 HILLSIDE STREET |
19 Apr 2023 | £123,306 | £121,000 | 26 ISABEL WALK |
21 Feb 2023 | £86,578 | £86,000 | 20 MAYBANK STREET |
17 Feb 2023 | £115,773 | £115,000 | 125 GIBBON STREET |
1 Jul 2022 | £70,709 | £70,000 | 44 BIRKDALE GARDENS |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 20 Apr 2016. Using an estimated price of £131,466 means this house is valued at £1,933 per sq meter (£179 per sq foot).
The average size of a house on SHERINGHAM PLACE is 86 sq meters (932 sq feet).