£121,956
This estimated value is based upon the latest sale price for the house of £24,000 on 25 Jul 1997. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £24,000 | 25 Jul 1997 |
| Terraced |
| Leasehold |
| Floor Area: 79 sq meters or 850 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 1997 the House Price Index for GREATER MANCHESTER was 29.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 408.152%.Applying this 408.152% change to the original purchase price of £24,000 results in an estimated price of approximately £121,956.
| 25 Jul 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.2 | 148.6 | 408.152 % | £24,000 | £97,956 | £121,956 |
The Postcode Pricing Model uses changes in average sales price within the OL9 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 | 448.297 % | £107,591 | £131,591 |
| 3 Month Average | 363.423 % | £87,221 | £111,221 |
| 6 Month Average | 399.172 % | £95,801 | £119,801 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £50,441 | £50,000 | 60 COLWYN STREET |
| 5 Jan 2022 | £173,647 | £165,000 | 12 NEATH STREET |
| 22 Dec 2021 | £61,068 | £57,000 | 1 HURST STREET |
| 16 Dec 2021 | £80,353 | £75,000 | 15 WESTBOURNE STREET |
| 26 Mar 2021 | £144,704 | £130,000 | 38 COLWYN STREET |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 15 May 2018. Using an estimated price of £121,956 means this house is valued at £1,543 per sq meter (£143 per sq foot).
The average size of a house on COLWYN STREET is 76 sq meters (825 sq feet).