£79,855
This estimated value is based upon the latest sale price for the house of £16,000 on 27 Oct 1997. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£16,000 | 27 Oct 1997 |
£15,000 | 19 Aug 1996 |
Terraced |
Leasehold |
Floor Area: 74 sq meters or 796 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 1997 the House Price Index for GREATER MANCHESTER was 30.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 399.095%.Applying this 399.095% change to the original purchase price of £16,000 results in an estimated price of approximately £79,855.
27 Oct 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
30.0 | 149.7 | 399.095 % | £16,000 | £63,855 | £79,855 |
The Postcode Pricing Model uses changes in average sales price within the BL3 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 | 305.613 % | £48,898 | £64,898 |
3 Month Average | 330.851 % | £52,936 | £68,936 |
6 Month Average | 324.829 % | £51,972 | £67,972 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Sep 2024 | £128,000 | £128,000 | 9 JAUNCEY STREET |
11 Apr 2024 | £137,191 | £136,000 | 15 JAUNCEY STREET |
29 Mar 2023 | £79,325 | £78,000 | 35 ALICE STREET |
13 Jun 2022 | £96,053 | £94,000 | 2 ALICE STREET |
28 Mar 2022 | £99,174 | £95,000 | 25 JAUNCEY STREET |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 6 Nov 2013. Using an estimated price of £79,855 means this house is valued at £1,079 per sq meter (£100 per sq foot).
The average size of a house on JAUNCEY STREET is 104 sq meters (1,120 sq feet).