£162,641
This estimated value is based upon the latest sale price for the house of £36,450 on 21 May 1999. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £36,450 | 21 May 1999 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 May 1999 the House Price Index for GREATER MANCHESTER was 33.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 346.205%.Applying this 346.205% change to the original purchase price of £36,450 results in an estimated price of approximately £162,641.
| 21 May 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.5 | 149.7 | 346.205 % | £36,450 | £126,191 | £162,641 |
The Postcode Pricing Model uses changes in average sales price within the M40 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 | 634.596 % | £231,310 | £267,760 |
| 3 Month Average | 677.897 % | £247,093 | £283,543 |
| 6 Month Average | 605.705 % | £220,779 | £257,229 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2024 | £175,000 | £175,000 | 134 GASKELL STREET |
| 31 May 2024 | £175,000 | £175,000 | 138 GASKELL STREET |
| 31 May 2024 | £175,000 | £175,000 | 138A GASKELL STREET |
| 31 May 2024 | £175,000 | £175,000 | 130 GASKELL STREET |
| 31 May 2024 | £64,000 | £64,000 | 136 GASKELL STREET |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 16 May 2012. Using an estimated price of £162,642 means this house is valued at £2,112 per sq meter (£196 per sq foot).
The average size of a house on CRAMMOND CLOSE is 61 sq meters (665 sq feet).