£126,137
This estimated value is based upon the latest sale price for the house of £72,500 on 27 May 2011. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£72,500 | 27 May 2011 |
£76,000 | 14 Jul 2005 |
£19,000 | 16 Jun 2000 |
Terraced |
Leasehold |
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 May 2011 the House Price Index for GREATER MANCHESTER was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.982%.Applying this 73.982% change to the original purchase price of £72,500 results in an estimated price of approximately £126,137.
27 May 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 149.7 | 73.982 % | £72,500 | £53,637 | £126,137 |
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 | 47.802 % | £34,656 | £107,156 |
3 Month Average | 69.844 % | £50,636 | £123,136 |
6 Month Average | 71.913 % | £52,137 | £124,637 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Apr 2024 | £117,067 | £116,050 | 47 ROXALINA STREET |
28 Mar 2024 | £60,936 | £60,000 | 19 MINORCA STREET |
27 Mar 2024 | £81,248 | £80,000 | 5 NANTWICH WALK |
20 Dec 2023 | £108,329 | £105,000 | 26 TILDSLEY STREET |
19 Oct 2023 | £135,579 | £132,500 | 2 WINSON CLOSE |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 29 Mar 2011. Using an estimated price of £126,137 means this house is valued at £2,291 per sq meter (£212 per sq foot).
The average size of a house on LEVER STREET is 121 sq meters (1,302 sq feet).
This house is the smallest in the street with a floor area of 55 sq meters (592 sq feet).