£101,406
This estimated value is based upon the latest sale price for the house of £43,750 on 22 Aug 2003. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£43,750 | 22 Aug 2003 |
Terraced |
Freehold |
Floor Area: 71 sq meters or 764 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 August 2003 the House Price Index for GREATER MANCHESTER was 64.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 131.786%.Applying this 131.786% change to the original purchase price of £43,750 results in an estimated price of approximately £101,406.
22 Aug 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
64.6 | 149.7 | 131.786 % | £43,750 | £57,656 | £101,406 |
The Postcode Pricing Model uses changes in average sales price within the OL7 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 | 172.267 % | £75,366 | £119,116 |
3 Month Average | 160.259 % | £70,113 | £113,863 |
6 Month Average | 175.729 % | £76,881 | £120,631 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Jul 2024 | £106,000 | £106,000 | 7 SMITH STREET |
17 May 2024 | £125,000 | £125,000 | 32 HINDLEY STREET |
17 Apr 2024 | £131,139 | £130,000 | 62 RYECROFT STREET |
14 Mar 2024 | £159,450 | £157,000 | 35 MANCHESTER ROAD |
6 Oct 2023 | £127,905 | £125,000 | 6 EARLE STREET |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 29 Jul 2013. Using an estimated price of £101,406 means this house is valued at £1,428 per sq meter (£132 per sq foot).
The average size of a house on HINDLEY STREET is 94 sq meters (1,015 sq feet).