£121,214
This estimated value is based upon the latest sale price for the house of £120,000 on 11 Jul 2022. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £120,000 | 11 Jul 2022 |
| £55,000 | 19 Dec 2003 |
| £28,750 | 23 Aug 1999 |
| £27,000 | 29 Sep 1995 |
| Terraced |
| Leasehold |
| Floor Area: 65 sq meters or 699 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 July 2022 the House Price Index for GREATER MANCHESTER was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £120,000 results in an estimated price of approximately £121,214.
| 11 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 149.7 | 1.012 % | £120,000 | £1,214 | £121,214 |
The Postcode Pricing Model uses changes in average sales price within the OL10 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 | -13.390 % | £-16,068 | £103,931 |
| 3 Month Average | -0.400 % | £-479 | £119,520 |
| 6 Month Average | 7.030 % | £8,436 | £128,436 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Apr 2024 | £122,564 | £121,500 | 40 MARLBOROUGH STREET |
| 11 Aug 2023 | £122,204 | £120,000 | 22 CANAL STREET |
| 11 Aug 2023 | £119,149 | £117,000 | 28 CANAL STREET |
| 2 Mar 2023 | £58,477 | £57,500 | 24 BYNG STREET |
| 2 Mar 2023 | £121,021 | £119,000 | 34 MARLBOROUGH STREET |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 27 Sep 2016. Using an estimated price of £121,215 means this house is valued at £1,864 per sq meter (£173 per sq foot).
The average size of a house on MARLBOROUGH STREET is 72 sq meters (785 sq feet).