£128,837
This estimated value is based upon the latest sale price for the house of £48,500 on 9 Oct 2002. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £48,500 | 9 Oct 2002 |
| £33,950 | 6 May 1999 |
| Terraced |
| Leasehold |
| Floor Area: 67 sq meters or 721 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 2002 the House Price Index for GREATER MANCHESTER was 56.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 165.645%.Applying this 165.645% change to the original purchase price of £48,500 results in an estimated price of approximately £128,837.
| 9 Oct 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 56.4 | 149.7 | 165.645 % | £48,500 | £80,337 | £128,837 |
The Postcode Pricing Model uses changes in average sales price within the OL11 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 | 157.145 % | £76,215 | £124,715 |
| 3 Month Average | 189.948 % | £92,124 | £140,624 |
| 6 Month Average | 211.786 % | £102,716 | £151,216 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £274,213 | £270,000 | 32 MANCHET STREET |
| 13 Oct 2023 | £104,882 | £102,500 | THE OAKLANDS, 206 FAIRWAY |
| 2 Oct 2023 | £204,648 | £200,000 | 2 MANCHET STREET |
| 17 Mar 2023 | £148,480 | £146,000 | 19 CASTLEWAY |
| 25 Jul 2022 | £212,126 | £210,000 | 96 FAIRWAY |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 6 May 2014. Using an estimated price of £128,838 means this house is valued at £1,922 per sq meter (£178 per sq foot).
The average size of a house on MANCHET STREET is 84 sq meters (910 sq feet).