£130,152
This estimated value is based upon the latest sale price for the house of £48,995 on 18 Oct 2002. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£48,995 | 18 Oct 2002 |
Terraced |
Leasehold |
Floor Area: 73 sq meters or 785 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 October 2002 the House Price Index for GREATER MANCHESTER was 56.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 165.645%.Applying this 165.645% change to the original purchase price of £48,995 results in an estimated price of approximately £130,152.
18 Oct 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
56.4 | 149.7 | 165.645 % | £48,995 | £81,157 | £130,152 |
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 | 235.674 % | £115,468 | £164,463 |
3 Month Average | 256.722 % | £125,780 | £174,775 |
6 Month Average | 252.954 % | £123,934 | £172,929 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 May 2024 | £140,000 | £140,000 | 101 HAYNES STREET |
20 Nov 2023 | £92,344 | £90,000 | 98 MORRIS GREEN LANE |
1 Nov 2023 | £128,256 | £125,000 | 19 NORMANBY STREET |
30 Jun 2023 | £139,802 | £137,000 | 58 SAPLING ROAD |
6 Apr 2023 | £132,478 | £130,000 | 120 MORRIS GREEN LANE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 27 Feb 2014. Using an estimated price of £130,153 means this house is valued at £1,782 per sq meter (£165 per sq foot).
The average size of a house on SAPLING ROAD is 81 sq meters (878 sq feet).