£87,638
This estimated value is based upon the latest sale price for the house of £23,000 on 3 May 2000. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £23,000 | 3 May 2000 |
| Terraced |
| Leasehold |
| Floor Area: 103 sq meters or 1,108 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 2000 the House Price Index for GREATER MANCHESTER was 39.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 281.036%.Applying this 281.036% change to the original purchase price of £23,000 results in an estimated price of approximately £87,638.
| 3 May 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 39.3 | 149.7 | 281.036 % | £23,000 | £64,638 | £87,638 |
The Postcode Pricing Model uses changes in average sales price within the BL3 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 | 306.542 % | £70,504 | £93,504 |
| 3 Month Average | 297.570 % | £68,441 | £91,441 |
| 6 Month Average | 292.390 % | £67,249 | £90,249 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £128,928 | £126,000 | 14 CESTRIAN STREET |
| 8 Sep 2023 | £123,727 | £121,000 | 1 NIGHTINGALES WALK |
| 22 Mar 2023 | £126,106 | £124,000 | 12 RUDOLPH STREET |
| 20 Feb 2023 | £90,605 | £90,000 | 197 RISHTON LANE |
| 25 Nov 2022 | £228,930 | £230,000 | 156 RISHTON LANE |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 26 Feb 2016. Using an estimated price of £87,638 means this house is valued at £850 per sq meter (£79 per sq foot).
The average size of a house on CESTRIAN STREET is 103 sq meters (1,109 sq feet).