£84,702
This estimated value is based upon the latest sale price for the house of £57,000 on 22 Jan 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £57,000 | 22 Jan 2015 |
| Terraced |
| Freehold |
| Floor Area: 62 sq meters or 667 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 January 2015 the House Price Index for GREATER MANCHESTER was 100.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 48.600%.Applying this 48.600% change to the original purchase price of £57,000 results in an estimated price of approximately £84,702.
| 22 Jan 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 148.6 | 48.600 % | £57,000 | £27,702 | £84,702 |
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 | 12.874 % | £7,338 | £64,338 |
| 3 Month Average | 39.576 % | £22,558 | £79,558 |
| 6 Month Average | 48.438 % | £27,609 | £84,609 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £137,404 | £135,000 | 10 PEGAMOID STREET |
| 21 Sep 2023 | £126,619 | £125,000 | 26 LE GENDRE STREET |
| 21 Jul 2023 | £70,955 | £70,000 | 30 WEMSLEY GROVE |
| 21 Jul 2023 | £76,023 | £75,000 | 48 LE GENDRE STREET |
| 29 Jun 2023 | £126,533 | £125,000 | 23 PEGAMOID STREET |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 9 Dec 2014. Using an estimated price of £84,702 means this house is valued at £1,366 per sq meter (£126 per sq foot).
The average size of a house on PEGAMOID STREET is 85 sq meters (918 sq feet).
This house is the smallest in the street with a floor area of 62 sq meters (667 sq feet).