£208,017
This estimated value is based upon the latest sale price for the house of £160,000 on 7 Feb 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £160,000 | 7 Feb 2017 |
| Terraced |
| Leasehold |
| Floor Area: 101 sq meters or 1,087 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 February 2017 the House Price Index for GREATER MANCHESTER was 114.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.011%.Applying this 30.011% change to the original purchase price of £160,000 results in an estimated price of approximately £208,017.
| 7 Feb 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 148.6 | 30.011 % | £160,000 | £48,017 | £208,017 |
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 | 266.429 % | £426,285 | £586,285 |
| 3 Month Average | 65.222 % | £104,354 | £264,354 |
| 6 Month Average | 49.207 % | £78,730 | £238,730 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Mar 2024 | £160,000 | £160,000 | 81 ROSSINGTON STREET |
| 5 Dec 2023 | £152,671 | £150,000 | 62 LENG ROAD |
| 10 Aug 2023 | £181,589 | £180,000 | 17 REGENT STREET |
| 24 Jul 2023 | £123,664 | £122,000 | 21 REGENT STREET |
| 21 Jul 2023 | £171,306 | £169,000 | 36 ROSSINGTON STREET |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 9 Nov 2016. Using an estimated price of £208,018 means this house is valued at £2,059 per sq meter (£191 per sq foot).
The average size of a house on REGENT STREET is 84 sq meters (904 sq feet).