£61,199
This estimated value is based upon the latest sale price for the house of £21,000 on 15 May 2002. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £21,000 | 15 May 2002 |
| £14,500 | 17 Dec 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 55 sq meters or 592 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 May 2002 the House Price Index for GREATER MANCHESTER was 51.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 191.428%.Applying this 191.428% change to the original purchase price of £21,000 results in an estimated price of approximately £61,199.
| 15 May 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 51.0 | 148.6 | 191.428 % | £21,000 | £40,199 | £61,199 |
The Postcode Pricing Model uses changes in average sales price within the OL7 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 | 365.723 % | £76,801 | £97,801 |
| 3 Month Average | 320.709 % | £67,348 | £88,348 |
| 6 Month Average | 286.408 % | £60,145 | £81,145 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £100,488 | £99,000 | 17 BIRCH STREET |
| 24 Jul 2023 | £93,255 | £92,000 | 10 BIRCH STREET |
| 3 Jul 2023 | £95,282 | £94,000 | 81 FITZROY STREET |
| 10 Aug 2022 | £99,732 | £100,000 | 14A BIRCH STREET |
| 10 Feb 2022 | £104,869 | £100,000 | 89 FITZROY STREET |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 7 Aug 2018. Using an estimated price of £61,200 means this house is valued at £1,112 per sq meter (£103 per sq foot).
The average size of a house on JOHN STREET WEST is 88 sq meters (948 sq feet).
This house is the smallest in the street with a floor area of 55 sq meters (592 sq feet).