£94,300
This estimated value is based upon the latest sale price for the house of £31,000 on 1 Mar 2002. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £31,000 | 1 Mar 2002 |
| £33,000 | 25 Sep 2000 |
| Terraced |
| Leasehold |
| Floor Area: 64 sq meters or 688 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 March 2002 the House Price Index for GREATER MANCHESTER was 49.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 204.197%.Applying this 204.197% change to the original purchase price of £31,000 results in an estimated price of approximately £94,300.
| 1 Mar 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 49.2 | 149.7 | 204.197 % | £31,000 | £63,300 | £94,300 |
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 | 272.361 % | £84,431 | £115,431 |
| 3 Month Average | 269.225 % | £83,459 | £114,459 |
| 6 Month Average | 274.232 % | £85,011 | £116,011 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £93,591 | £90,715 | 40 HOOTON STREET |
| 21 Nov 2023 | £102,605 | £100,000 | 30 WOODBINE ROAD |
| 12 Jun 2023 | £107,147 | £105,000 | 14 SOUTHEND STREET |
| 21 Apr 2023 | £173,240 | £170,000 | 23 WOODBINE ROAD |
| 28 Mar 2023 | £152,548 | £150,000 | 14 NIXON ROAD |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 31 Jul 2020. Using an estimated price of £94,301 means this house is valued at £1,473 per sq meter (£136 per sq foot).
The average size of a house on HOOTON STREET is 70 sq meters (760 sq feet).