£66,411
This estimated value is based upon the latest sale price for the house of £25,000 on 21 Oct 2002. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£25,000 | 21 Oct 2002 |
Terraced |
Leasehold |
Floor Area: 80 sq meters or 861 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 October 2002 the House Price Index for GREATER MANCHESTER was 56.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 165.645%.Applying this 165.645% change to the original purchase price of £25,000 results in an estimated price of approximately £66,411.
21 Oct 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
56.4 | 149.7 | 165.645 % | £25,000 | £41,411 | £66,411 |
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 | 235.674 % | £58,918 | £83,918 |
3 Month Average | 256.722 % | £64,180 | £89,180 |
6 Month Average | 252.954 % | £63,238 | £88,238 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Mar 2023 | £83,393 | £82,000 | 21 MINNIE STREET |
3 Mar 2023 | £114,919 | £113,000 | 215 ST HELENS ROAD |
3 Feb 2023 | £72,988 | £72,500 | 6 HUDSON CLOSE |
27 Jan 2023 | £110,295 | £110,000 | 27 JUBILEE STREET |
25 May 2022 | £77,006 | £75,000 | 207 ST HELENS ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 11 Sep 2014. Using an estimated price of £66,411 means this house is valued at £830 per sq meter (£77 per sq foot).
The average size of a house on JUBILEE STREET is 91 sq meters (984 sq feet).