£179,390
This estimated value is based upon the latest sale price for the house of £31,500 on 18 Jul 1995. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£31,500 | 18 Jul 1995 |
Terraced |
Leasehold |
Floor Area: 71 sq meters or 768 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 July 1995 the House Price Index for GREATER MANCHESTER was 26.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 469.494%.Applying this 469.494% change to the original purchase price of £31,500 results in an estimated price of approximately £179,390.
18 Jul 1995 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.3 | 149.7 | 469.494 % | £31,500 | £147,890 | £179,390 |
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 | 377.723 % | £118,982 | £150,482 |
3 Month Average | 354.695 % | £111,729 | £143,229 |
6 Month Average | 342.858 % | £108,000 | £139,500 |
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 71 sq meters or 768 sq feet when measured on 13 Jan 2009. Using an estimated price of £179,391 means this house is valued at £2,512 per sq meter (£233 per sq foot).
The average size of a house on SAPLING ROAD is 81 sq meters (878 sq feet).