£865
This estimated value is based upon the latest sale price for the house of £700 on 30 Apr 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£700 | 30 Apr 2020 |
£84,000 | 15 Feb 2017 |
£105,000 | 28 Sep 2007 |
Freehold |
Floor Area: 74 sq meters or 796 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 April 2020 the House Price Index for GREATER MANCHESTER was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.667%.Applying this 23.667% change to the original purchase price of £700 results in an estimated price of approximately £865.
30 Apr 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 149.7 | 23.667 % | £700 | £165 | £865 |
The Postcode Pricing Model uses changes in average sales price within the M11 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 | 320.733 % | £2,245 | £2,945 |
3 Month Average | 118.980 % | £832 | £1,532 |
6 Month Average | 46.846 % | £327 | £1,027 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Apr 2024 | £186,621 | £185,000 | 10 THIRSFIELD DRIVE |
5 Apr 2024 | £141,226 | £140,000 | 49 JOHN HEYWOOD STREET |
22 Sep 2023 | £117,592 | £115,000 | 189 BARRINGTON STREET |
31 Mar 2023 | £111,868 | £110,000 | 193 BARRINGTON STREET |
8 Mar 2023 | £106,783 | £105,000 | 115 BARRINGTON STREET |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 5 Feb 2015. Using an estimated price of £866 means this house is valued at £11 per sq meter (£1 per sq foot).
The average size of a house on JOHN HEYWOOD STREET is 76 sq meters (827 sq feet).