£79,730
This estimated value is based upon the latest sale price for the house of £17,750 on 20 Apr 1999. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£17,750 | 20 Apr 1999 |
Terraced |
Leasehold |
Floor Area: 75 sq meters or 807 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 April 1999 the House Price Index for GREATER MANCHESTER was 33.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 349.184%.Applying this 349.184% change to the original purchase price of £17,750 results in an estimated price of approximately £79,730.
20 Apr 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
33.3 | 149.7 | 349.184 % | £17,750 | £61,980 | £79,730 |
The Postcode Pricing Model uses changes in average sales price within the WN7 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 | 280.212 % | £49,737 | £67,487 |
3 Month Average | 317.361 % | £56,331 | £74,081 |
6 Month Average | 328.905 % | £58,380 | £76,130 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Oct 2024 | £120,000 | £120,000 | 174 GLEBE STREET |
14 Jun 2024 | £92,500 | £92,500 | 203 GLEBE STREET |
13 Mar 2024 | £92,420 | £91,000 | 221 GLEBE STREET |
15 Nov 2023 | £76,953 | £75,000 | 141 GORDON STREET |
23 Aug 2023 | £99,800 | £98,000 | 146 GLEBE STREET |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 13 Apr 2016. Using an estimated price of £79,730 means this house is valued at £1,063 per sq meter (£98 per sq foot).
The average size of a house on GORDON STREET is 75 sq meters (809 sq feet).