£111,381
This estimated value is based upon the latest sale price for the house of £61,000 on 2 Nov 2005. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £61,000 | 2 Nov 2005 |
| Terraced |
| Leasehold |
| Floor Area: 66 sq meters or 710 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 2005 the House Price Index for GREATER MANCHESTER was 82.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 82.592%.Applying this 82.592% change to the original purchase price of £61,000 results in an estimated price of approximately £111,381.
| 2 Nov 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.0 | 149.7 | 82.592 % | £61,000 | £50,381 | £111,381 |
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 | 74.561 % | £45,482 | £106,482 |
| 3 Month Average | 65.350 % | £39,863 | £100,863 |
| 6 Month Average | 67.368 % | £41,094 | £102,094 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jun 2024 | £135,000 | £135,000 | 31 FAIRCLOUGH STREET |
| 12 Dec 2023 | £84,600 | £82,000 | 20 RICHELIEU STREET |
| 23 Nov 2023 | £40,016 | £39,000 | 9 CECILIA COURT NORTH |
| 20 Nov 2023 | £87,214 | £85,000 | 15 RICHELIEU STREET |
| 17 Nov 2023 | £2,821,624 | £2,750,000 | VENTOREX NELSON STREET |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 20 Aug 2013. Using an estimated price of £111,381 means this house is valued at £1,687 per sq meter (£156 per sq foot).
There is one other house on the street which we know the size of, this is 15 AUGUSTUS STREET it is 99.0