£107,476
This estimated value is based upon the latest sale price for the house of £68,000 on 23 Aug 2007. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £68,000 | 23 Aug 2007 |
| Terraced |
| Leasehold |
| Floor Area: 72 sq meters or 775 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 August 2007 the House Price Index for GREATER MANCHESTER was 94.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.054%.Applying this 58.054% change to the original purchase price of £68,000 results in an estimated price of approximately £107,476.
| 23 Aug 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.7 | 149.7 | 58.054 % | £68,000 | £39,476 | £107,476 |
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 | 82.026 % | £55,777 | £123,777 |
| 3 Month Average | 76.050 % | £51,714 | £119,714 |
| 6 Month Average | 87.572 % | £59,549 | £127,549 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £117,995 | £115,000 | 26 SCOTLAND STREET |
| 15 Aug 2023 | £142,571 | £140,000 | 57 SCOTLAND STREET |
| 21 Jun 2023 | £102,045 | £100,000 | 59 SCOTLAND STREET |
| 19 Apr 2023 | £3,057 | £3,000 | 3 MILLWRIGHT STREET |
| 16 Jan 2023 | £112,300 | £112,000 | 72 CRAWFORD STREET |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 19 Dec 2019. Using an estimated price of £107,477 means this house is valued at £1,492 per sq meter (£138 per sq foot).
The average size of a house on CRAWFORD STREET is 79 sq meters (856 sq feet).