£86,747
This estimated value is based upon the latest sale price for the house of £70,000 on 30 Jul 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £70,000 | 30 Jul 2018 |
| £52,000 | 28 Aug 2014 |
| £65,000 | 16 Dec 2005 |
| £18,000 | 30 Nov 2000 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 2018 the House Price Index for GREATER MANCHESTER was 119.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.926%.Applying this 23.926% change to the original purchase price of £70,000 results in an estimated price of approximately £86,747.
| 30 Jul 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 148.6 | 23.926 % | £70,000 | £16,747 | £86,747 |
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 | -19.030 % | £-13,320 | £56,679 |
| 3 Month Average | 9.763 % | £6,833 | £76,833 |
| 6 Month Average | 26.179 % | £18,325 | £88,325 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £57,857 | £57,000 | 248 OXFORD GROVE |
| 31 Aug 2023 | £232,030 | £230,000 | 288 CHORLEY OLD ROAD |
| 1 Mar 2023 | £90,856 | £90,000 | 32 PEDDER STREET |
| 13 Jan 2023 | £61,709 | £62,000 | 23 VICTORIA GROVE |
| 14 Jul 2022 | £88,238 | £88,000 | 101 OXFORD GROVE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 12 Jun 2021. Using an estimated price of £86,748 means this house is valued at £1,188 per sq meter (£110 per sq foot).
The average size of a house on PEDDER STREET is 63 sq meters (682 sq feet).
This house is the largest in the street with a floor area of 73 sq meters (785 sq feet).