£167,765
This estimated value is based upon the latest sale price for the house of £135,000 on 14 Dec 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£135,000 | 14 Dec 2018 |
£117,000 | 20 Jul 2018 |
£105,000 | 23 Dec 2014 |
£45,000 | 5 Nov 1999 |
£46,950 | 2 May 1997 |
Semi-Detached |
Leasehold |
Floor Area: 68 sq meters or 731 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 December 2018 the House Price Index for GREATER MANCHESTER was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.271%.Applying this 24.271% change to the original purchase price of £135,000 results in an estimated price of approximately £167,765.
14 Dec 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 149.7 | 24.271 % | £135,000 | £32,765 | £167,765 |
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 | 8.261 % | £11,151 | £146,151 |
3 Month Average | 33.582 % | £45,335 | £180,335 |
6 Month Average | 37.174 % | £50,185 | £185,185 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Dec 2023 | £180,548 | £175,000 | 148 JETHRO STREET |
27 Oct 2023 | £102,324 | £100,000 | 47 BROOKFIELD STREET |
20 Oct 2023 | £135,579 | £132,500 | 10 TINSLEY GROVE |
6 Apr 2023 | £244,575 | £240,000 | 33 HYPATIA STREET |
27 Jan 2023 | £140,375 | £140,000 | 80 JETHRO STREET |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 23 May 2014. Using an estimated price of £167,766 means this house is valued at £2,467 per sq meter (£229 per sq foot).
The average size of a house on HYPATIA STREET is 77 sq meters (832 sq feet).