£199,913
This estimated value is based upon the latest sale price for the house of £160,000 on 2 Feb 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£160,000 | 2 Feb 2018 |
£55,000 | 26 Jun 2000 |
Terraced |
Freehold |
Floor Area: 114 sq meters or 1,227 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 2018 the House Price Index for GREATER MANCHESTER was 118.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.946%.Applying this 24.946% change to the original purchase price of £160,000 results in an estimated price of approximately £199,913.
2 Feb 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.9 | 148.6 | 24.946 % | £160,000 | £39,913 | £199,913 |
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 | 24.755 % | £39,607 | £199,607 |
3 Month Average | 16.621 % | £26,594 | £186,594 |
6 Month Average | 30.836 % | £49,337 | £209,337 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Sep 2023 | £75,971 | £75,000 | 11 ANSON STREET |
10 Aug 2023 | £83,430 | £82,700 | 27 EASTBANK STREET |
15 Sep 2021 | £134,699 | £125,000 | 15 BAYTHORPE STREET |
28 Jul 2021 | £109,180 | £95,000 | 4 SLEDMERE CLOSE |
16 Jul 2021 | £90,792 | £79,000 | 105 GRASMERE STREET |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 26 Feb 2015. Using an estimated price of £199,914 means this house is valued at £1,753 per sq meter (£162 per sq foot).
The average size of a house on WATERSMEAD CLOSE is 122 sq meters (1,316 sq feet).