£150,373
This estimated value is based upon the latest sale price for the house of £63,750 on 30 Jun 2003. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £63,750 | 30 Jun 2003 |
| Semi-Detached |
| Leasehold |
| Floor Area: 59 sq meters or 635 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 June 2003 the House Price Index for GREATER MANCHESTER was 63.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 135.879%.Applying this 135.879% change to the original purchase price of £63,750 results in an estimated price of approximately £150,373.
| 30 Jun 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 63.0 | 148.6 | 135.879 % | £63,750 | £86,623 | £150,373 |
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 | 143.700 % | £91,608 | £155,358 |
| 3 Month Average | 143.879 % | £91,722 | £155,472 |
| 6 Month Average | 172.889 % | £110,217 | £173,967 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Aug 2023 | £120,050 | £119,000 | 7 NEW YORK STREET |
| 28 Jun 2023 | £101,226 | £100,000 | 8 NEW YORK STREET |
| 9 Jun 2023 | £77,438 | £76,500 | 3 KERSHAW STREET |
| 3 Mar 2023 | £136,284 | £135,000 | 72 AGINCOURT STREET |
| 7 Feb 2023 | £144,902 | £145,000 | 2 NEW YORK STREET |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 16 Nov 2021. Using an estimated price of £150,373 means this house is valued at £2,548 per sq meter (£236 per sq foot).