£167,651
This estimated value is based upon the latest sale price for the house of £132,000 on 4 Aug 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£132,000 | 4 Aug 2017 |
£116,000 | 27 Apr 2007 |
£89,950 | 8 Nov 2004 |
£75,000 | 4 Apr 2003 |
£24,000 | 21 Apr 1997 |
Terraced |
Leasehold |
Floor Area: 90 sq meters or 968 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 2017 the House Price Index for GREATER MANCHESTER was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £132,000 results in an estimated price of approximately £167,651.
4 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.0 | 148.6 | 27.009 % | £132,000 | £35,651 | £167,651 |
The Postcode Pricing Model uses changes in average sales price within the BL9 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 | 91.978 % | £121,410 | £253,410 |
3 Month Average | 49.415 % | £65,228 | £197,228 |
6 Month Average | 47.825 % | £63,129 | £195,129 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Feb 2023 | £229,845 | £230,000 | 9 NEW BRIDGE GARDENS |
13 Jan 2023 | £179,156 | £180,000 | 7 BRITAIN STREET |
4 Jan 2023 | £248,828 | £250,000 | 7 NEW BRIDGE GARDENS |
17 Jun 2022 | £218,082 | £215,000 | 3 BRITAIN STREET |
27 May 2022 | £137,593 | £135,000 | 14 NEW BRIDGE GARDENS |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 26 Jan 2017. Using an estimated price of £167,652 means this house is valued at £1,862 per sq meter (£173 per sq foot).
The average size of a house on BRITAIN STREET is 76 sq meters (820 sq feet).