£98,383
This estimated value is based upon the latest sale price for the house of £31,500 on 18 Jan 2002. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£31,500 | 18 Jan 2002 |
Terraced |
Leasehold |
Floor Area: 63 sq meters or 678 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 2002 the House Price Index for GREATER MANCHESTER was 47.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 212.329%.Applying this 212.329% change to the original purchase price of £31,500 results in an estimated price of approximately £98,383.
18 Jan 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
47.6 | 148.6 | 212.329 % | £31,500 | £66,883 | £98,383 |
The Postcode Pricing Model uses changes in average sales price within the OL1 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 | 148.233 % | £46,693 | £78,193 |
3 Month Average | 150.433 % | £47,386 | £78,886 |
6 Month Average | 178.657 % | £56,276 | £87,776 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Jul 2023 | £126,705 | £125,000 | 7 WHITTINGHAM GROVE |
14 Apr 2023 | £84,914 | £84,000 | 30 BARTON STREET |
1 Jul 2022 | £80,216 | £80,000 | 32 ELEANOR STREET |
29 Jun 2022 | £38,545 | £38,000 | 9 COTTAM STREET |
23 Aug 2021 | £100,405 | £90,000 | 22 BARTON STREET |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 17 Nov 2015. Using an estimated price of £98,384 means this house is valued at £1,561 per sq meter (£145 per sq foot).
The average size of a house on WHITTINGHAM GROVE is 89 sq meters (959 sq feet).