£218,843
This estimated value is based upon the latest sale price for the house of £39,000 on 28 Apr 1995. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£39,000 | 28 Apr 1995 |
Terraced |
Leasehold |
Floor Area: 78 sq meters or 839 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 1995 the House Price Index for GREATER MANCHESTER was 26.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 461.137%.Applying this 461.137% change to the original purchase price of £39,000 results in an estimated price of approximately £218,843.
28 Apr 1995 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.5 | 148.6 | 461.137 % | £39,000 | £179,843 | £218,843 |
The Postcode Pricing Model uses changes in average sales price within the BL2 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 | 250.016 % | £97,506 | £136,506 |
3 Month Average | 306.564 % | £119,559 | £158,559 |
6 Month Average | 334.847 % | £130,590 | £169,590 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Aug 2023 | £124,086 | £123,000 | 112 DORSET STREET |
12 Jun 2023 | £182,207 | £180,000 | 79 CASTLE STREET |
1 Jul 2022 | £110,297 | £110,000 | 24 CASTLE STREET |
8 Apr 2022 | £142,112 | £138,000 | 13 DORSET STREET |
1 Dec 2021 | £112,495 | £105,000 | 34 CASTLE STREET |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 8 Jun 2012. Using an estimated price of £218,843 means this house is valued at £2,805 per sq meter (£260 per sq foot).
The average size of a house on DORSET STREET is 97 sq meters (1,046 sq feet).