£138,509
This estimated value is based upon the latest sale price for the house of £56,000 on 9 Jan 2003. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£56,000 | 9 Jan 2003 |
£30,500 | 2 Mar 1998 |
Terraced |
Freehold |
Floor Area: 64 sq meters or 688 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 January 2003 the House Price Index for GREATER MANCHESTER was 60.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 147.338%.Applying this 147.338% change to the original purchase price of £56,000 results in an estimated price of approximately £138,509.
9 Jan 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
60.1 | 148.6 | 147.338 % | £56,000 | £82,509 | £138,509 |
The Postcode Pricing Model uses changes in average sales price within the SK5 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 | 200.969 % | £112,542 | £168,542 |
3 Month Average | 193.096 % | £108,133 | £164,133 |
6 Month Average | 216.592 % | £121,291 | £177,291 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £250,000 | £250,000 | 31 CLARENDON STREET |
19 Dec 2023 | £176,590 | £173,500 | 64 BURY STREET |
5 Apr 2023 | £181,959 | £180,000 | 25 CABOT PLACE |
4 Apr 2022 | £149,269 | £144,950 | 19 CABOT PLACE |
11 Mar 2022 | £212,434 | £205,000 | 21 JOWETT STREET |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 15 Jul 2020. Using an estimated price of £138,509 means this house is valued at £2,164 per sq meter (£201 per sq foot).
The average size of a house on BURY STREET is 75 sq meters (817 sq feet).