£85,548
This estimated value is based upon the latest sale price for the house of £67,000 on 25 Sep 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £67,000 | 25 Sep 2017 |
| £81,000 | 13 Sep 2005 |
| £25,000 | 6 Apr 2000 |
| Terraced |
| Freehold |
| Floor Area: 53 sq meters or 570 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 September 2017 the House Price Index for GREATER MANCHESTER was 117.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.685%.Applying this 27.685% change to the original purchase price of £67,000 results in an estimated price of approximately £85,548.
| 25 Sep 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 149.7 | 27.685 % | £67,000 | £18,548 | £85,548 |
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 | 50.770 % | £34,016 | £101,016 |
| 3 Month Average | 61.990 % | £41,532 | £108,532 |
| 6 Month Average | 65.529 % | £43,904 | £110,904 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Apr 2023 | £173,240 | £170,000 | 43 GASKELL STREET |
| 22 Mar 2023 | £172,887 | £170,000 | 50 DOB BROOK CLOSE |
| 17 Feb 2023 | £140,941 | £140,000 | 15 LILMORE AVENUE |
| 6 Jan 2023 | £100,769 | £100,500 | 11 EAGAR STREET |
| 9 Nov 2022 | £106,502 | £107,000 | 5 REGAL WALK |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 31 Jul 2017. Using an estimated price of £85,549 means this house is valued at £1,614 per sq meter (£149 per sq foot).
The average size of a house on DOB BROOK CLOSE is 63 sq meters (682 sq feet).
This house is the smallest in the street with a floor area of 53 sq meters (570 sq feet).