£114,956
This estimated value is based upon the latest sale price for the house of £66,000 on 7 Jul 2006. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £66,000 | 7 Jul 2006 |
| Terraced |
| Leasehold |
| Floor Area: 66 sq meters or 716 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 July 2006 the House Price Index for GREATER MANCHESTER was 85.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.177%.Applying this 74.177% change to the original purchase price of £66,000 results in an estimated price of approximately £114,956.
| 7 Jul 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.9 | 149.7 | 74.177 % | £66,000 | £48,956 | £114,956 |
The Postcode Pricing Model uses changes in average sales price within the OL16 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 | 94.250 % | £62,204 | £128,204 |
| 3 Month Average | 64.434 % | £42,526 | £108,526 |
| 6 Month Average | 70.718 % | £46,674 | £112,674 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Oct 2023 | £86,975 | £85,000 | 36 BERWICK STREET |
| 17 Mar 2023 | £81,359 | £80,000 | 35 STAMFORD STREET |
| 11 Jun 2021 | £73,499 | £68,000 | 34 MOSS STREET |
| 6 Nov 2020 | £79,420 | £68,000 | 16 STAMFORD STREET |
| 12 Oct 2020 | £89,814 | £76,000 | 2 SPRUCE STREET |
This house has a floor area of 66 sq meters or 716 sq feet when measured on 24 Oct 2008. Using an estimated price of £114,957 means this house is valued at £1,726 per sq meter (£160 per sq foot).
The average size of a house on BERWICK STREET is 70 sq meters (753 sq feet).