£230,033
This estimated value is based upon the latest sale price for the house of £49,000 on 8 Jun 1998. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £49,000 | 8 Jun 1998 |
| Semi-Detached |
| 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 June 1998 the House Price Index for GREATER MANCHESTER was 31.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 369.456%.Applying this 369.456% change to the original purchase price of £49,000 results in an estimated price of approximately £230,033.
| 8 Jun 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.7 | 148.6 | 369.456 % | £49,000 | £181,033 | £230,033 |
The Postcode Pricing Model uses changes in average sales price within the BL3 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 | 292.991 % | £143,565 | £192,565 |
| 3 Month Average | 307.282 % | £150,568 | £199,568 |
| 6 Month Average | 308.901 % | £151,361 | £200,361 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £127,226 | £125,000 | 70 GEORGINA STREET |
| 14 Apr 2023 | £105,132 | £104,000 | 40 GEORGINA STREET |
| 14 Apr 2023 | £111,197 | £110,000 | 48 GEORGINA STREET |
| 12 Sep 2022 | £143,838 | £145,000 | 6 CHILHAM STREET |
| 8 Jul 2022 | £175,472 | £175,000 | 4 ABBEY CLOSE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 20 Nov 2014. Using an estimated price of £230,034 means this house is valued at £2,949 per sq meter (£273 per sq foot).
The average size of a house on CHILHAM STREET is 86 sq meters (936 sq feet).