£213,837
This estimated value is based upon the latest sale price for the house of £122,500 on 27 Nov 2009. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£122,500 | 27 Nov 2009 |
£115,000 | 23 Jan 2008 |
Terraced |
Freehold |
Floor Area: 88 sq meters or 955 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 November 2009 the House Price Index for GREATER MANCHESTER was 85.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 74.561%.Applying this 74.561% change to the original purchase price of £122,500 results in an estimated price of approximately £213,837.
27 Nov 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
85.1 | 148.6 | 74.561 % | £122,500 | £91,337 | £213,837 |
The Postcode Pricing Model uses changes in average sales price within the BL9 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 | 125.307 % | £153,501 | £276,001 |
3 Month Average | 66.434 % | £81,382 | £203,882 |
6 Month Average | 58.513 % | £71,678 | £194,178 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £279,897 | £275,000 | 17 QUEENS PLACE |
10 Nov 2023 | £230,919 | £227,500 | 1 QUEENS PLACE |
15 Sep 2023 | £207,655 | £205,000 | 16 VICTORIAN LANTERNS MILLER STREET |
10 Jul 2023 | £220,467 | £217,500 | 17 HILL STREET |
15 Aug 2022 | £281,742 | £282,500 | 6 HARGATE CLOSE |
This house has a floor area of 88 sq meters or 955 sq feet when measured on 30 Sep 2010. Using an estimated price of £213,837 means this house is valued at £2,408 per sq meter (£223 per sq foot).
The average size of a house on MILLER STREET is 113 sq meters (1,225 sq feet).