£175,104
This estimated value is based upon the latest sale price for the house of £40,000 on 18 Jun 1999. 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 | 18 Jun 1999 |
Terraced |
Leasehold |
Floor Area: 100 sq meters or 1,076 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 June 1999 the House Price Index for GREATER MANCHESTER was 33.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 337.762%.Applying this 337.762% change to the original purchase price of £40,000 results in an estimated price of approximately £175,104.
18 Jun 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
33.9 | 148.6 | 337.762 % | £40,000 | £135,104 | £175,104 |
The Postcode Pricing Model uses changes in average sales price within the BL9 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 | 511.195 % | £204,477 | £244,477 |
3 Month Average | 411.209 % | £164,483 | £204,483 |
6 Month Average | 385.978 % | £154,391 | £194,391 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Mar 2023 | £121,646 | £120,500 | 21 SOUTH CROSS STREET |
20 Sep 2022 | £210,302 | £212,000 | 6 PRIMROSE COURT |
11 May 2022 | £66,248 | £65,000 | 48 SOUTH CROSS STREET |
26 Jan 2022 | £1,508,931 | £1,433,789 | 44 SOUTH CROSS STREET |
14 Jan 2022 | £78,931 | £75,000 | 68 SOUTH CROSS STREET |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 12 Feb 2015. Using an estimated price of £175,105 means this house is valued at £1,751 per sq meter (£162 per sq foot).
The average size of a house on HEYWOOD STREET is 130 sq meters (1,407 sq feet).