£111,474
This estimated value is based upon the latest sale price for the house of £112,000 on 16 Jan 2023. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£112,000 | 16 Jan 2023 |
£47,000 | 29 Jul 2013 |
Terraced |
Leasehold |
Floor Area: 73 sq meters or 785 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 2023 the House Price Index for GREATER MANCHESTER was 149.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.469%.Applying this -0.469% change to the original purchase price of £112,000 results in an estimated price of approximately £111,474.
16 Jan 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
149.3 | 148.6 | -0.469 % | £112,000 | £-525 | £111,474 |
The Postcode Pricing Model uses changes in average sales price within the M40 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 | 111.149 % | £124,486 | £236,486 |
3 Month Average | 2.046 % | £2,291 | £114,291 |
6 Month Average | -5.983 % | £-6,700 | £105,299 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Nov 2023 | £116,728 | £115,000 | 26 SCOTLAND STREET |
15 Aug 2023 | £141,236 | £140,000 | 57 SCOTLAND STREET |
21 Jun 2023 | £101,226 | £100,000 | 59 SCOTLAND STREET |
19 Apr 2023 | £3,033 | £3,000 | 3 MILLWRIGHT STREET |
16 Jan 2023 | £111,475 | £112,000 | 72 CRAWFORD STREET |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 8 Jul 2013. Using an estimated price of £111,475 means this house is valued at £1,527 per sq meter (£141 per sq foot).
The average size of a house on CRAWFORD STREET is 79 sq meters (856 sq feet).
This house is the largest in the street with a floor area of 73 sq meters (785 sq feet).