£99,617
This estimated value is based upon the latest sale price for the house of £76,500 on 28 Apr 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£76,500 | 28 Apr 2017 |
£29,000 | 18 Oct 1996 |
Terraced |
Leasehold |
Floor Area: 68 sq meters or 731 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 2017 the House Price Index for GREATER MANCHESTER was 115.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.219%.Applying this 30.219% change to the original purchase price of £76,500 results in an estimated price of approximately £99,617.
28 Apr 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
115.0 | 149.7 | 30.219 % | £76,500 | £23,117 | £99,617 |
The Postcode Pricing Model uses changes in average sales price within the BL1 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 | 53.504 % | £40,930 | £117,430 |
3 Month Average | 28.370 % | £21,703 | £98,203 |
6 Month Average | 40.244 % | £30,787 | £107,287 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Apr 2024 | £121,051 | £120,000 | 75 BROAD O' TH' LANE |
8 Dec 2023 | £113,487 | £110,000 | 28 BAXENDALE STREET |
24 Mar 2023 | £81,359 | £80,000 | 36 BAXENDALE STREET |
24 Feb 2023 | £130,874 | £130,000 | 16 BAXENDALE STREET |
26 Oct 2022 | £229,234 | £230,000 | 8 DRYSDALE VIEW |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 24 Aug 2016. Using an estimated price of £99,618 means this house is valued at £1,464 per sq meter (£136 per sq foot).
The average size of a house on MITRE STREET is 73 sq meters (788 sq feet).