£27,802
This estimated value is based upon the latest sale price for the house of £5,000 on 9 Feb 1995. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £5,000 | 9 Feb 1995 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 856 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 February 1995 the House Price Index for GREATER MANCHESTER was 26.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 456.052%.Applying this 456.052% change to the original purchase price of £5,000 results in an estimated price of approximately £27,802.
| 9 Feb 1995 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.6 | 148.0 | 456.052 % | £5,000 | £22,802 | £27,802 |
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 | 1470.753 % | £73,537 | £78,537 |
| 3 Month Average | 634.330 % | £31,716 | £36,716 |
| 6 Month Average | 536.733 % | £26,836 | £31,836 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £162,081 | £160,000 | 137 ADRIAN STREET |
| 28 Jul 2023 | £142,347 | £141,000 | 24 JOAN STREET |
| 4 Jul 2023 | £48,458 | £48,000 | 172 LIGHTBOWNE ROAD |
| 30 Jun 2023 | £247,003 | £245,000 | 152 KENYON LANE |
| 20 Jun 2023 | £151,226 | £150,000 | 96 LANGWORTHY ROAD |
This house has a floor area of 79 sq meters or 856 sq feet when measured on 2 Sep 2010. Using an estimated price of £27,803 means this house is valued at £349 per sq meter (£32 per sq foot).
The average size of a house on ADRIAN STREET is 86 sq meters (926 sq feet).