£98,827
This estimated value is based upon the latest sale price for the house of £38,500 on 22 Nov 2002. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£38,500 | 22 Nov 2002 |
£24,000 | 26 Sep 2002 |
Terraced |
Freehold |
Floor Area: 69 sq meters or 742 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 2002 the House Price Index for GREATER MANCHESTER was 57.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 156.695%.Applying this 156.695% change to the original purchase price of £38,500 results in an estimated price of approximately £98,827.
22 Nov 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
57.9 | 148.6 | 156.695 % | £38,500 | £60,327 | £98,827 |
The Postcode Pricing Model uses changes in average sales price within the OL7 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 | 279.081 % | £107,446 | £145,946 |
3 Month Average | 228.706 % | £88,051 | £126,551 |
6 Month Average | 220.289 % | £84,811 | £123,311 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Dec 2023 | £122,137 | £120,000 | 113 MANSFIELD STREET |
20 Nov 2023 | £91,354 | £90,002 | 196 TRAFALGAR STREET |
10 Nov 2023 | £152,254 | £150,000 | 197 TRAFALGAR STREET |
31 Aug 2023 | £136,191 | £135,000 | 63 PELHAM STREET |
11 Jul 2023 | £98,577 | £97,250 | 212 TRAFALGAR STREET |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 21 Nov 2014. Using an estimated price of £98,828 means this house is valued at £1,432 per sq meter (£133 per sq foot).
The average size of a house on MANSFIELD STREET is 80 sq meters (865 sq feet).