£71,694
This estimated value is based upon the latest sale price for the house of £15,000 on 4 Mar 1998. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£15,000 | 4 Mar 1998 |
£15,000 | 23 May 1997 |
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 March 1998 the House Price Index for GREATER MANCHESTER was 31.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 377.961%.Applying this 377.961% change to the original purchase price of £15,000 results in an estimated price of approximately £71,694.
4 Mar 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
31.1 | 148.6 | 377.961 % | £15,000 | £56,694 | £71,694 |
The Postcode Pricing Model uses changes in average sales price within the BL1 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 | 310.374 % | £46,556 | £61,556 |
3 Month Average | 273.561 % | £41,034 | £56,034 |
6 Month Average | 280.543 % | £42,081 | £57,081 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Jan 2023 | £109,484 | £110,000 | 71 ASTLEY STREET |
18 Mar 2022 | £103,626 | £100,000 | 8 LANCASTER WALK |
6 Jun 2021 | £101,928 | £95,000 | 21 SUTCLIFFE STREET |
2 Jun 2021 | £96,563 | £90,000 | 12 CHESHAM AVENUE |
22 Dec 2020 | £74,028 | £64,500 | 85 RAWSTHORNE STREET |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 28 Nov 2012. Using an estimated price of £71,694 means this house is valued at £1,257 per sq meter (£116 per sq foot).
The average size of a house on RAWSTHORNE STREET is 64 sq meters (698 sq feet).