£93,368
This estimated value is based upon the latest sale price for the house of £75,500 on 27 Apr 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£75,500 | 27 Apr 2020 |
£49,995 | 7 Feb 2005 |
Terraced |
Freehold |
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 April 2020 the House Price Index for GREATER MANCHESTER was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.667%.Applying this 23.667% change to the original purchase price of £75,500 results in an estimated price of approximately £93,368.
27 Apr 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 149.7 | 23.667 % | £75,500 | £17,868 | £93,368 |
The Postcode Pricing Model uses changes in average sales price within the M40 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 | 24.301 % | £18,347 | £93,847 |
3 Month Average | 34.418 % | £25,985 | £101,485 |
6 Month Average | 36.183 % | £27,317 | £102,817 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Dec 2023 | £108,981 | £105,632 | 2 LEIGHTON STREET |
27 Oct 2023 | £127,905 | £125,000 | 32 LEIGHTON STREET |
27 Oct 2023 | £138,137 | £135,000 | 26 SCARBOROUGH STREET |
13 Oct 2023 | £113,580 | £111,000 | 24 SCARBOROUGH STREET |
13 Jun 2023 | £141,843 | £139,000 | 388 MOSTON LANE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 7 Apr 2014. Using an estimated price of £93,368 means this house is valued at £1,167 per sq meter (£108 per sq foot).
The average size of a house on LEIGHTON STREET is 80 sq meters (866 sq feet).