£136,048
This estimated value is based upon the latest sale price for the house of £105,250 on 13 Apr 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£105,250 | 13 Apr 2017 |
£85,000 | 27 Jan 2012 |
£74,950 | 18 Dec 2003 |
£39,950 | 27 Aug 1999 |
Terraced |
Freehold |
Floor Area: 57 sq meters or 614 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 2017 the House Price Index for GREATER MANCHESTER was 115.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.262%.Applying this 29.262% change to the original purchase price of £105,250 results in an estimated price of approximately £136,048.
13 Apr 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
115.0 | 148.6 | 29.262 % | £105,250 | £30,798 | £136,048 |
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 | 49.703 % | £52,312 | £157,562 |
3 Month Average | 35.114 % | £36,957 | £142,207 |
6 Month Average | 52.291 % | £55,036 | £160,286 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £137,404 | £135,000 | 14 MARGARET STREET |
8 Dec 2023 | £153,689 | £151,000 | 1 RUPERT STREET |
2 Jun 2023 | £172,084 | £170,000 | 16 LEAF STREET |
31 Jan 2023 | £114,461 | £115,000 | FLAT 5 - 7 LEAMINGTON ROAD |
13 Jan 2023 | £288,640 | £290,000 | 26 LEAMINGTON ROAD |
This house has a floor area of 57 sq meters or 614 sq feet when measured on 3 Nov 2011. Using an estimated price of £136,049 means this house is valued at £2,382 per sq meter (£221 per sq foot).
The average size of a house on MARGARET STREET is 68 sq meters (735 sq feet).
This house is the smallest in the street with a floor area of 57 sq meters (614 sq feet).