£142,264
This estimated value is based upon the latest sale price for the house of £77,000 on 16 Jan 2009. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£77,000 | 16 Jan 2009 |
£40,000 | 3 Dec 2004 |
Terraced |
Freehold |
Floor Area: 107 sq meters or 1,151 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 2009 the House Price Index for GREATER MANCHESTER was 81.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 84.760%.Applying this 84.760% change to the original purchase price of £77,000 results in an estimated price of approximately £142,264.
16 Jan 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
81.0 | 149.7 | 84.760 % | £77,000 | £65,264 | £142,264 |
The Postcode Pricing Model uses changes in average sales price within the OL9 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 | 66.036 % | £50,847 | £127,847 |
3 Month Average | 28.120 % | £21,652 | £98,652 |
6 Month Average | 33.974 % | £26,160 | £103,160 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Mar 2023 | £218,652 | £215,000 | 172 MANCHESTER ROAD |
24 May 2022 | £88,300 | £86,000 | 19 DORSET STREET |
18 Oct 2021 | £989 | £887 | 19 DERBY COURT |
9 Sep 2021 | £43,422 | £39,999 | 10 DORSET STREET |
5 Feb 2020 | £141,743 | £115,000 | 40 DERBY STREET |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 1 Oct 2013. Using an estimated price of £142,265 means this house is valued at £1,329 per sq meter (£123 per sq foot).
The average size of a house on CAMBRIDGE STREET is 107 sq meters (1,159 sq feet).