£111,850
This estimated value is based upon the latest sale price for the house of £105,500 on 13 Jan 2022. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£105,500 | 13 Jan 2022 |
£94,000 | 5 Jan 2007 |
£65,000 | 22 Aug 2003 |
£44,000 | 18 Jan 2002 |
£34,995 | 28 Sep 1998 |
£18,000 | 27 Mar 1998 |
Terraced |
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 January 2022 the House Price Index for GREATER MANCHESTER was 141.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 6.020%.Applying this 6.020% change to the original purchase price of £105,500 results in an estimated price of approximately £111,850.
13 Jan 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.2 | 149.7 | 6.020 % | £105,500 | £6,350 | £111,850 |
The Postcode Pricing Model uses changes in average sales price within the BL8 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 | 89.541 % | £94,465 | £199,965 |
3 Month Average | 3.086 % | £3,255 | £108,755 |
6 Month Average | 2.549 % | £2,688 | £108,188 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Oct 2023 | £153,486 | £150,000 | 3 OLIVE BANK |
22 Sep 2023 | £173,832 | £170,000 | 17 INGLETON MEWS |
19 Sep 2023 | £199,396 | £195,000 | 364 TOTTINGTON ROAD |
1 Sep 2023 | £182,012 | £178,000 | 8 OLIVE BANK |
11 Aug 2023 | £127,296 | £125,000 | 17 WALMSLEY STREET |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 17 Oct 2021. Using an estimated price of £111,851 means this house is valued at £1,895 per sq meter (£176 per sq foot).
The average size of a house on WALMSLEY STREET is 68 sq meters (732 sq feet).