£73,974
This estimated value is based upon the latest sale price for the house of £40,000 on 10 May 2005. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£40,000 | 10 May 2005 |
£25,000 | 11 May 2001 |
£16,950 | 18 May 1998 |
Terraced |
Freehold |
Floor Area: 107 sq meters or 1,151 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 May 2005 the House Price Index for GREATER MANCHESTER was 80.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.936%.Applying this 84.936% change to the original purchase price of £40,000 results in an estimated price of approximately £73,974.
10 May 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
80.4 | 148.6 | 84.936 % | £40,000 | £33,974 | £73,974 |
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 | 679.353 % | £271,741 | £311,741 |
3 Month Average | 259.881 % | £103,952 | £143,952 |
6 Month Average | 195.049 % | £78,019 | £118,019 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Aug 2023 | £121,059 | £120,000 | 100 GASKELL STREET |
16 Jun 2023 | £131,594 | £130,000 | 108 GASKELL STREET |
25 Apr 2023 | £171,850 | £170,000 | 43 GASKELL STREET |
6 Jun 2022 | £188,666 | £186,000 | 59 GASKELL STREET |
29 Nov 2021 | £169,798 | £157,000 | 21 CRAMMOND CLOSE |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 30 Jun 2015. Using an estimated price of £73,974 means this house is valued at £691 per sq meter (£64 per sq foot).
The average size of a house on GASKELL STREET is 74 sq meters (797 sq feet).