£65,567
This estimated value is based upon the latest sale price for the house of £49,500 on 7 Oct 2016. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £49,500 | 7 Oct 2016 |
| £43,500 | 18 Mar 2016 |
| £50,000 | 22 Nov 2013 |
| Terraced |
| Leasehold |
| Floor Area: 83 sq meters or 893 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 October 2016 the House Price Index for GREATER MANCHESTER was 112.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £49,500 results in an estimated price of approximately £65,567.
| 7 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 148.6 | 32.461 % | £49,500 | £16,067 | £65,567 |
The Postcode Pricing Model uses changes in average sales price within the OL16 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 | 34.203 % | £16,930 | £66,430 |
| 3 Month Average | 17.135 % | £8,482 | £57,982 |
| 6 Month Average | 29.384 % | £14,544 | £64,044 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Mar 2023 | £80,761 | £80,000 | 35 STAMFORD STREET |
| 11 Jun 2021 | £72,959 | £68,000 | 34 MOSS STREET |
| 6 Nov 2020 | £78,836 | £68,000 | 16 STAMFORD STREET |
| 12 Oct 2020 | £89,154 | £76,000 | 2 SPRUCE STREET |
| 2 Jul 2020 | £74,971 | £62,000 | 4 SPRUCE STREET |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 10 Feb 2017. Using an estimated price of £65,568 means this house is valued at £789 per sq meter (£73 per sq foot).
There is one other house on the street which we know the size of, this is 1 WORSLEY PLACE it is 70.78