£128,503
This estimated value is based upon the latest sale price for the house of £80,000 on 19 Apr 2007. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £80,000 | 19 Apr 2007 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 2007 the House Price Index for GREATER MANCHESTER was 92.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 60.629%.Applying this 60.629% change to the original purchase price of £80,000 results in an estimated price of approximately £128,503.
| 19 Apr 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.5 | 148.6 | 60.629 % | £80,000 | £48,503 | £128,503 |
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 | 4.614 % | £3,690 | £83,690 |
| 3 Month Average | 17.462 % | £13,969 | £93,969 |
| 6 Month Average | 29.583 % | £23,666 | £103,666 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £75,920 | £75,000 | 54 BROOKLYN STREET |
| 8 Feb 2023 | £174,882 | £175,000 | 37 NOTTINGHAM DRIVE |
| 4 Nov 2022 | £158,085 | £160,000 | 35 PENTLAND TERRACE |
| 18 Mar 2022 | £145,077 | £140,000 | 37 PENTLAND TERRACE |
| 19 Jan 2022 | £88,402 | £84,000 | 7 WORCESTER STREET |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 14 Jul 2016. Using an estimated price of £128,503 means this house is valued at £1,477 per sq meter (£137 per sq foot).
The average size of a house on GRANTHAM CLOSE is 113 sq meters (1,218 sq feet).
This house is the largest in the street with a floor area of 87 sq meters (936 sq feet).