£129,624
This estimated value is based upon the latest sale price for the house of £23,000 on 16 Feb 1996. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £23,000 | 16 Feb 1996 |
| Terraced |
| Leasehold |
| Floor Area: 95 sq meters or 1,022 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 1996 the House Price Index for GREATER MANCHESTER was 26.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 463.584%.Applying this 463.584% change to the original purchase price of £23,000 results in an estimated price of approximately £129,624.
| 16 Feb 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.4 | 148.6 | 463.584 % | £23,000 | £106,624 | £129,624 |
The Postcode Pricing Model uses changes in average sales price within the BL9 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 | 651.210 % | £149,778 | £172,778 |
| 3 Month Average | 399.551 % | £91,896 | £114,896 |
| 6 Month Average | 384.561 % | £88,449 | £111,449 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £99,269 | £98,000 | 10 CANNING STREET |
| 23 Jun 2023 | £111,349 | £110,000 | 63 REGENT STREET |
| 2 Jun 2023 | £106,287 | £105,000 | 60 CANNING STREET |
| 27 Oct 2022 | £64,308 | £65,000 | 38 CANNING STREET |
| 8 Mar 2022 | £119,170 | £115,000 | 9 VERNON STREET |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 22 Sep 2014. Using an estimated price of £129,624 means this house is valued at £1,364 per sq meter (£126 per sq foot).
The average size of a house on CANNING STREET is 116 sq meters (1,249 sq feet).