£75,923
This estimated value is based upon the latest sale price for the house of £61,613 on 21 Nov 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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HQ Salford, Clippers Quay, Manchester, M50 3XP
Phone: 01615062781
| Price Paid | Date |
|---|---|
| £61,613 | 21 Nov 2018 |
| £102,000 | 21 Nov 2018 |
| £41,000 | 11 Aug 2017 |
| Terraced |
| Freehold |
| Floor Area: 51 sq meters or 548 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 November 2018 the House Price Index for GREATER MANCHESTER was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £61,613 results in an estimated price of approximately £75,923.
| 21 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £61,613 | £14,310 | £75,923 |
The Postcode Pricing Model uses changes in average sales price within the M7 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 | -68.108 % | £-41,963 | £19,649 |
| 3 Month Average | 10.701 % | £6,593 | £68,206 |
| 6 Month Average | 30.753 % | £18,947 | £80,560 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2023 | £181,589 | £180,000 | 4 ORIENT STREET |
| 17 May 2022 | £280,281 | £275,000 | 18 TANSEY GROVE |
| 14 Apr 2022 | £144,172 | £140,000 | 494 GREAT CHEETHAM STREET EAST |
| 7 Feb 2022 | £104,869 | £100,000 | 498 GREAT CHEETHAM STREET EAST |
| 23 Dec 2021 | £401,766 | £375,000 | 24 TETLOW LANE |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 9 Jul 2018. Using an estimated price of £75,924 means this house is valued at £1,488 per sq meter (£138 per sq foot).
The average size of a house on DOROTHY STREET is 71 sq meters (766 sq feet).
This house is the smallest in the street with a floor area of 51 sq meters (548 sq feet).