£118,047
This estimated value is based upon the latest sale price for the house of £49,275 on 16 Apr 2003. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £49,275 | 16 Apr 2003 |
| £37,950 | 23 Feb 2001 |
| £22,000 | 10 Nov 2000 |
| £27,250 | 19 Oct 1998 |
| Terraced |
| Freehold |
| Floor Area: 60 sq meters or 645 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 April 2003 the House Price Index for GREATER MANCHESTER was 62.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 139.568%.Applying this 139.568% change to the original purchase price of £49,275 results in an estimated price of approximately £118,047.
| 16 Apr 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 62.0 | 148.6 | 139.568 % | £49,275 | £68,772 | £118,047 |
The Postcode Pricing Model uses changes in average sales price within the SK16 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 | 347.082 % | £171,024 | £220,299 |
| 3 Month Average | 194.965 % | £96,068 | £145,343 |
| 6 Month Average | 184.453 % | £90,889 | £140,164 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £272,383 | £270,000 | 2 CHAPEL STREET |
| 5 Jan 2023 | £152,696 | £153,415 | 16 ZETLAND STREET |
| 7 Nov 2022 | £118,564 | £120,000 | 26 GRENVILLE STREET |
| 13 Dec 2021 | £169,278 | £158,000 | 40 ZETLAND STREET |
| 5 Nov 2021 | £149,249 | £138,000 | 46 CHAPEL STREET |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 25 Apr 2014. Using an estimated price of £118,047 means this house is valued at £1,967 per sq meter (£182 per sq foot).
The average size of a house on CHAPEL STREET is 78 sq meters (847 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Peel Street |