£99,314
This estimated value is based upon the latest sale price for the house of £80,000 on 15 Oct 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£80,000 | 15 Oct 2018 |
£84,000 | 1 Oct 2007 |
£47,500 | 18 Mar 2005 |
Terraced |
Freehold |
Floor Area: 55 sq meters or 592 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 2018 the House Price Index for GREATER MANCHESTER was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.143%.Applying this 24.143% change to the original purchase price of £80,000 results in an estimated price of approximately £99,314.
15 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 149.7 | 24.143 % | £80,000 | £19,314 | £99,314 |
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 | 52.354 % | £41,883 | £121,883 |
3 Month Average | 34.763 % | £27,810 | £107,810 |
6 Month Average | 46.268 % | £37,014 | £117,014 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Dec 2023 | £128,963 | £125,000 | 67 WINNIE STREET |
25 Sep 2023 | £107,367 | £105,000 | 31 STOVELL ROAD |
13 Sep 2023 | £109,412 | £107,000 | 50 WINNIE STREET |
24 Feb 2023 | £115,773 | £115,000 | 34 WINNIE STREET |
11 Jul 2022 | £303,036 | £300,000 | 22 HINDE STREET |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 18 Jun 2018. Using an estimated price of £99,315 means this house is valued at £1,805 per sq meter (£167 per sq foot).
The average size of a house on HINDE STREET is 71 sq meters (774 sq feet).