£92,609
This estimated value is based upon the latest sale price for the house of £85,000 on 12 Nov 2021. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £85,000 | 12 Nov 2021 |
| £84,950 | 1 Apr 2005 |
| £65,000 | 23 Jan 2004 |
| Semi-Detached |
| Leasehold |
| Floor Area: 162 sq meters or 1,743 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 2021 the House Price Index for GREATER MANCHESTER was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £85,000 results in an estimated price of approximately £92,609.
| 12 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £85,000 | £7,609 | £92,609 |
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 | 9.833 % | £8,357 | £93,357 |
| 3 Month Average | 15.380 % | £13,072 | £98,072 |
| 6 Month Average | 30.249 % | £25,711 | £110,711 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Feb 2023 | £85,572 | £85,000 | 10 SADLER STREET |
| 1 Mar 2022 | £139,887 | £134,000 | 12 THE MEWS |
| 26 Nov 2021 | £74,087 | £68,000 | 15 CARTER STREET |
| 25 Nov 2021 | £98,057 | £90,000 | 41 CRESCENT ROAD |
| 12 Nov 2021 | £87,162 | £80,000 | 106 - 108 CRESCENT ROAD |
This house has a floor area of 162 sq meters or 1,743 sq feet when measured on 3 Aug 2016. Using an estimated price of £92,609 means this house is valued at £571 per sq meter (£53 per sq foot).
The average size of a house on CRESCENT ROAD is 93 sq meters (1,011 sq feet).