£65,679
This estimated value is based upon the latest sale price for the house of £45,000 on 27 May 2015. 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 |
|---|---|
| £45,000 | 27 May 2015 |
| £23,000 | 22 Aug 2000 |
| Terraced |
| Leasehold |
| Floor Area: 71 sq meters or 765 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 2015 the House Price Index for GREATER MANCHESTER was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £45,000 results in an estimated price of approximately £65,679.
| 27 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 148.6 | 45.954 % | £45,000 | £20,679 | £65,679 |
The Postcode Pricing Model uses changes in average sales price within the OL1 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 | 115.928 % | £52,167 | £97,167 |
| 3 Month Average | 21.933 % | £9,870 | £54,870 |
| 6 Month Average | 23.655 % | £10,644 | £55,644 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2023 | £100,951 | £100,000 | 29 CHARTER STREET |
| 30 Jun 2022 | £106,505 | £105,000 | 63 MORTIMER STREET |
| 23 May 2022 | £112,112 | £110,000 | 145 EDGE LANE ROAD |
| 19 Apr 2022 | £98,861 | £96,000 | 44 MORTIMER STREET |
| 27 Aug 2021 | £87,576 | £78,500 | 52 MORTIMER STREET |
This house has a floor area of 71 sq meters or 765 sq feet when measured on 12 Nov 2008. Using an estimated price of £65,679 means this house is valued at £923 per sq meter (£85 per sq foot).
The average size of a house on MORTIMER STREET is 72 sq meters (782 sq feet).