£87,097
This estimated value is based upon the latest sale price for the house of £71,500 on 3 Jul 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £71,500 | 3 Jul 2020 |
| Terraced |
| Leasehold |
| Floor Area: 67 sq meters or 721 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 July 2020 the House Price Index for GREATER MANCHESTER was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £71,500 results in an estimated price of approximately £87,097.
| 3 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 149.7 | 21.815 % | £71,500 | £15,597 | £87,097 |
The Postcode Pricing Model uses changes in average sales price within the OL10 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 | 157.530 % | £112,634 | £184,134 |
| 3 Month Average | 44.253 % | £31,640 | £103,140 |
| 6 Month Average | 34.216 % | £24,464 | £95,964 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Apr 2024 | £85,745 | £85,000 | APARTMENT 10 BIWATER HOUSE GREGGE STREET |
| 26 Mar 2024 | £126,950 | £125,000 | 9 MANCHESTER ROAD |
| 5 Mar 2024 | £86,326 | £85,000 | APARTMENT 47 BIWATER HOUSE GREGGE STREET |
| 13 Dec 2023 | £103,170 | £100,000 | APARTMENT 21 BIWATER HOUSE GREGGE STREET |
| 30 Nov 2023 | £51,302 | £50,000 | 80 GREEN LANE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 1 May 2015. Using an estimated price of £87,098 means this house is valued at £1,299 per sq meter (£120 per sq foot).
The average size of a house on RAILWAY STREET is 70 sq meters (754 sq feet).