£87,855
This estimated value is based upon the latest sale price for the house of £71,500 on 21 Jan 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £71,500 | 21 Jan 2020 |
| £60,000 | 31 Jan 2007 |
| £50,000 | 17 Jan 2007 |
| Terraced |
| Leasehold |
| 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 January 2020 the House Price Index for GREATER MANCHESTER was 121.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £71,500 results in an estimated price of approximately £87,855.
| 21 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 149.7 | 22.874 % | £71,500 | £16,355 | £87,855 |
The Postcode Pricing Model uses changes in average sales price within the OL1 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 | 51.894 % | £37,104 | £108,604 |
| 3 Month Average | 28.153 % | £20,129 | £91,629 |
| 6 Month Average | 27.011 % | £19,312 | £90,812 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Oct 2023 | £214,880 | £210,000 | 42 WAVERLEY STREET |
| 19 Jun 2023 | £209,192 | £205,000 | 32 WAVERLEY STREET |
| 27 Apr 2023 | £94,569 | £92,800 | 75 MAYFIELD ROAD |
| 28 Feb 2023 | £77,518 | £77,000 | 24 GRANITE STREET |
| 12 Sep 2022 | £163,391 | £163,500 | 76 STONELEIGH STREET |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 8 Apr 2014. Using an estimated price of £87,855 means this house is valued at £1,140 per sq meter (£106 per sq foot).
The average size of a house on WAVERLEY STREET is 72 sq meters (779 sq feet).