£96,268
This estimated value is based upon the latest sale price for the house of £70,000 on 29 Feb 2016. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£70,000 | 29 Feb 2016 |
Semi-Detached |
Freehold |
Floor Area: 71 sq meters or 774 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 February 2016 the House Price Index for GREATER MANCHESTER was 108.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 37.526%.Applying this 37.526% change to the original purchase price of £70,000 results in an estimated price of approximately £96,268.
29 Feb 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
108.9 | 149.7 | 37.526 % | £70,000 | £26,268 | £96,268 |
The Postcode Pricing Model uses changes in average sales price within the M11 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 | 185.692 % | £129,984 | £199,984 |
3 Month Average | 139.046 % | £97,332 | £167,332 |
6 Month Average | 92.196 % | £64,537 | £134,537 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Nov 2023 | £174,428 | £170,000 | 30 TARTAN STREET |
9 Oct 2023 | £148,370 | £145,000 | 21 HEATHER STREET |
4 Aug 2023 | £106,929 | £105,000 | 25 SHELDON STREET |
2 Aug 2023 | £152,755 | £150,000 | 14 STOCKHOLM STREET |
20 Jan 2023 | £128,343 | £128,000 | 7 BEN STREET |
This house has a floor area of 71 sq meters or 774 sq feet when measured on 11 Jun 2010. Using an estimated price of £96,268 means this house is valued at £1,338 per sq meter (£124 per sq foot).
The average size of a house on PIONEER STREET is 88 sq meters (952 sq feet).