£185,312
This estimated value is based upon the latest sale price for the house of £79,950 on 15 Aug 2003. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£79,950 | 15 Aug 2003 |
£30,000 | 31 Jul 1996 |
Terraced |
Leasehold |
Floor Area: 100 sq meters or 1,076 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 August 2003 the House Price Index for GREATER MANCHESTER was 64.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 131.786%.Applying this 131.786% change to the original purchase price of £79,950 results in an estimated price of approximately £185,312.
15 Aug 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
64.6 | 149.7 | 131.786 % | £79,950 | £105,362 | £185,312 |
The Postcode Pricing Model uses changes in average sales price within the BL1 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 | 165.717 % | £132,490 | £212,440 |
3 Month Average | 131.153 % | £104,857 | £184,807 |
6 Month Average | 148.964 % | £119,096 | £199,046 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2024 | £209,214 | £206,000 | 8 ELEANOR STREET |
25 Oct 2023 | £204,648 | £200,000 | 213 ASHWORTH LANE |
25 Aug 2023 | £240,335 | £236,000 | 10 HATTON GROVE |
3 Feb 2023 | £241,614 | £240,000 | 245 ASHWORTH LANE |
27 Jan 2023 | £585,565 | £584,000 | 253 ASHWORTH LANE |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 17 Jun 2016. Using an estimated price of £185,313 means this house is valued at £1,853 per sq meter (£172 per sq foot).
The average size of a house on HUGH LUPUS STREET is 85 sq meters (922 sq feet).