£90,327
This estimated value is based upon the latest sale price for the house of £28,000 on 21 Nov 2001. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£28,000 | 21 Nov 2001 |
£20,000 | 4 Mar 1999 |
Terraced |
Leasehold |
Floor Area: 80 sq meters or 861 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 November 2001 the House Price Index for GREATER MANCHESTER was 46.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 222.599%.Applying this 222.599% change to the original purchase price of £28,000 results in an estimated price of approximately £90,327.
21 Nov 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
46.4 | 149.7 | 222.599 % | £28,000 | £62,327 | £90,327 |
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 | 265.084 % | £74,223 | £102,223 |
3 Month Average | 270.446 % | £75,724 | £103,724 |
6 Month Average | 272.965 % | £76,430 | £104,430 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Feb 2022 | £84,517 | £80,000 | 26 SANDON STREET |
23 Dec 2021 | £119,264 | £110,500 | 20 OLIVE STREET |
16 Dec 2021 | £124,336 | £115,200 | 6 HENLEY GROVE |
23 Jul 2021 | £93,780 | £81,000 | 77 ADELAIDE STREET |
14 May 2021 | £170,760 | £150,000 | 112 ESSINGDON STREET |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 22 Dec 2016. Using an estimated price of £90,328 means this house is valued at £1,129 per sq meter (£104 per sq foot).
The average size of a house on ADELAIDE STREET is 94 sq meters (1,020 sq feet).