£39,586
This estimated value is based upon the latest sale price for the house of £39,000 on 23 Nov 2023. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £39,000 | 23 Nov 2023 |
| £33,000 | 13 Mar 2008 |
| £28,000 | 22 Dec 2003 |
| Terraced |
| Leasehold |
| Floor Area: 49 sq meters or 527 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 2023 the House Price Index for GREATER MANCHESTER was 146.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.503%.Applying this 1.503% change to the original purchase price of £39,000 results in an estimated price of approximately £39,586.
| 23 Nov 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 148.6 | 1.503 % | £39,000 | £586 | £39,586 |
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 | -7.321 % | £-2,855 | £36,144 |
| 3 Month Average | 6.623 % | £2,583 | £41,583 |
| 6 Month Average | 3.044 % | £1,187 | £40,187 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £83,460 | £82,000 | 20 RICHELIEU STREET |
| 23 Nov 2023 | £39,586 | £39,000 | 9 CECILIA COURT NORTH |
| 20 Nov 2023 | £86,277 | £85,000 | 15 RICHELIEU STREET |
| 13 Nov 2023 | £113,683 | £112,000 | 27 CECILIA STREET |
| 15 Sep 2023 | £129,151 | £127,500 | 17 BLACKWOOD STREET |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 31 Mar 2020. Using an estimated price of £39,586 means this house is valued at £807 per sq meter (£75 per sq foot).
There is one other house on the street which we know the size of, this is 7 CECILIA COURT NORTH it is 48.0