£107,589
This estimated value is based upon the latest sale price for the house of £87,000 on 16 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 |
|---|---|
| £87,000 | 16 Apr 2020 |
| £32,250 | 26 Apr 2002 |
| 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 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 £87,000 results in an estimated price of approximately £107,589.
| 16 Apr 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.667 % | £87,000 | £20,589 | £107,589 |
The Postcode Pricing Model uses changes in average sales price within the WN7 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 | 90.492 % | £78,728 | £165,728 |
| 3 Month Average | 25.661 % | £22,325 | £109,325 |
| 6 Month Average | 25.746 % | £22,399 | £109,399 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Oct 2024 | £120,000 | £120,000 | 174 GLEBE STREET |
| 14 Jun 2024 | £92,500 | £92,500 | 203 GLEBE STREET |
| 13 Mar 2024 | £92,420 | £91,000 | 221 GLEBE STREET |
| 15 Nov 2023 | £76,953 | £75,000 | 141 GORDON STREET |
| 23 Aug 2023 | £99,800 | £98,000 | 146 GLEBE STREET |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 20 Dec 2019. Using an estimated price of £107,590 means this house is valued at £1,537 per sq meter (£142 per sq foot).
The average size of a house on GORDON STREET is 75 sq meters (809 sq feet).