£181,548
This estimated value is based upon the latest sale price for the house of £104,950 on 18 Feb 2011. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £104,950 | 18 Feb 2011 |
| £53,000 | 4 Oct 2002 |
| £53,000 | 4 Oct 2002 |
| £53,000 | 4 Oct 2002 |
| Terraced |
| Freehold |
| Floor Area: 99 sq meters or 1,071 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 February 2011 the House Price Index for GREATER MANCHESTER was 86.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.985%.Applying this 72.985% change to the original purchase price of £104,950 results in an estimated price of approximately £181,548.
| 18 Feb 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 149.7 | 72.985 % | £104,950 | £76,598 | £181,548 |
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 | 95.165 % | £99,875 | £204,825 |
| 3 Month Average | 78.623 % | £82,515 | £187,465 |
| 6 Month Average | 68.443 % | £71,830 | £176,780 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 May 2024 | £140,000 | £140,000 | 101 HAYNES STREET |
| 20 Nov 2023 | £92,344 | £90,000 | 98 MORRIS GREEN LANE |
| 1 Nov 2023 | £128,256 | £125,000 | 19 NORMANBY STREET |
| 30 Jun 2023 | £139,802 | £137,000 | 58 SAPLING ROAD |
| 6 Apr 2023 | £132,478 | £130,000 | 120 MORRIS GREEN LANE |
This house has a floor area of 99 sq meters or 1,071 sq feet when measured on 21 Oct 2010. Using an estimated price of £181,548 means this house is valued at £1,823 per sq meter (£169 per sq foot).
The average size of a house on NORMANBY STREET is 84 sq meters (914 sq feet).