£137,205
This estimated value is based upon the latest sale price for the house of £110,000 on 4 May 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £110,000 | 4 May 2018 |
| £104,000 | 1 Aug 2014 |
| £71,000 | 20 Mar 2003 |
| Terraced |
| Leasehold |
| Floor Area: 70 sq meters or 753 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 2018 the House Price Index for GREATER MANCHESTER was 119.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.732%.Applying this 24.732% change to the original purchase price of £110,000 results in an estimated price of approximately £137,205.
| 4 May 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 148.6 | 24.732 % | £110,000 | £27,205 | £137,205 |
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 | 1.808 % | £1,988 | £111,988 |
| 3 Month Average | 26.872 % | £29,559 | £139,559 |
| 6 Month Average | 29.829 % | £32,811 | £142,811 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £206,000 | £206,000 | 8 ELEANOR STREET |
| 25 Aug 2023 | £238,083 | £236,000 | 10 HATTON GROVE |
| 10 Jul 2023 | £172,269 | £169,950 | 227 ASHWORTH LANE |
| 3 Feb 2023 | £239,839 | £240,000 | 245 ASHWORTH LANE |
| 27 Jan 2023 | £581,262 | £584,000 | 253 ASHWORTH LANE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 26 Feb 2013. Using an estimated price of £137,205 means this house is valued at £1,960 per sq meter (£182 per sq foot).
The average size of a house on HUGH LUPUS STREET is 85 sq meters (922 sq feet).