£78,665
This estimated value is based upon the latest sale price for the house of £24,000 on 6 Sep 2001. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £24,000 | 6 Sep 2001 |
| Terraced |
| Leasehold |
| Floor Area: 157 sq meters or 1,689 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 September 2001 the House Price Index for GREATER MANCHESTER was 45.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 227.771%.Applying this 227.771% change to the original purchase price of £24,000 results in an estimated price of approximately £78,665.
| 6 Sep 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 45.3 | 148.6 | 227.771 % | £24,000 | £54,665 | £78,665 |
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 | 196.919 % | £47,260 | £71,260 |
| 3 Month Average | 278.399 % | £66,815 | £90,815 |
| 6 Month Average | 282.078 % | £67,698 | £91,698 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £160,000 | £160,000 | 12 THE SHEDDINGS |
| 20 Sep 2023 | £136,748 | £135,000 | 10 THE SHEDDINGS |
| 19 Jul 2023 | £126,705 | £125,000 | 7 CRESCENT ROAD |
| 15 Feb 2023 | £84,943 | £85,000 | 10 SADLER STREET |
| 1 Mar 2022 | £138,859 | £134,000 | 12 THE MEWS |
This house has a floor area of 157 sq meters or 1,689 sq feet when measured on 13 Jul 2016. Using an estimated price of £78,665 means this house is valued at £501 per sq meter (£46 per sq foot).
The average size of a house on CRESCENT ROAD is 93 sq meters (1,011 sq feet).