£85,978
This estimated value is based upon the latest sale price for the house of £69,000 on 31 Aug 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £69,000 | 31 Aug 2018 |
| £47,500 | 30 Mar 2016 |
| £41,500 | 3 Jan 2006 |
| £30,000 | 17 Aug 2004 |
| £16,500 | 25 Apr 1996 |
| Terraced |
| Freehold |
| Floor Area: 57 sq meters or 613 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 August 2018 the House Price Index for GREATER MANCHESTER was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £69,000 results in an estimated price of approximately £85,978.
| 31 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 149.7 | 24.606 % | £69,000 | £16,978 | £85,978 |
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 | 47.683 % | £32,901 | £101,901 |
| 3 Month Average | 47.595 % | £32,840 | £101,840 |
| 6 Month Average | 47.261 % | £32,609 | £101,609 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £69,249 | £68,000 | 9 SPREADBURY STREET |
| 6 Apr 2023 | £215,022 | £211,000 | 34 BRENDON AVENUE |
| 17 Jan 2023 | £166,445 | £166,000 | 16 BRENDON AVENUE |
| 12 Jan 2023 | £120,321 | £120,000 | 41 LEVENS STREET |
| 23 Aug 2022 | £181,850 | £181,000 | 28 BRENDON AVENUE |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 11 Jun 2019. Using an estimated price of £85,978 means this house is valued at £1,508 per sq meter (£140 per sq foot).
The average size of a house on SPREADBURY STREET is 65 sq meters (704 sq feet).