£139,035
This estimated value is based upon the latest sale price for the house of £139,500 on 28 Oct 2022. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £139,500 | 28 Oct 2022 |
| £83,500 | 18 Oct 2019 |
| £81,000 | 5 Dec 2007 |
| 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 October 2022 the House Price Index for GREATER MANCHESTER was 150.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.333%.Applying this -0.333% change to the original purchase price of £139,500 results in an estimated price of approximately £139,035.
| 28 Oct 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.2 | 149.7 | -0.333 % | £139,500 | £-464 | £139,035 |
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 | 1.778 % | £2,479 | £141,979 |
| 3 Month Average | -18.784 % | £-26,204 | £113,295 |
| 6 Month Average | -10.859 % | £-15,148 | £124,351 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Apr 2024 | £95,832 | £95,000 | 117 MANSFIELD STREET |
| 5 Apr 2024 | £100,876 | £100,000 | 169 TRAFALGAR STREET |
| 4 Dec 2023 | £123,804 | £120,000 | 113 MANSFIELD STREET |
| 20 Nov 2023 | £92,346 | £90,002 | 196 TRAFALGAR STREET |
| 10 Nov 2023 | £153,907 | £150,000 | 197 TRAFALGAR STREET |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 20 Jun 2018. Using an estimated price of £139,036 means this house is valued at £1,958 per sq meter (£181 per sq foot).
The average size of a house on TRAFALGAR STREET is 76 sq meters (821 sq feet).