£103,698
This estimated value is based upon the latest sale price for the house of £85,000 on 12 Jun 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£85,000 | 12 Jun 2020 |
£70,000 | 9 Oct 2009 |
Terraced |
Leasehold |
Floor Area: 65 sq meters or 705 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 June 2020 the House Price Index for GREATER MANCHESTER was 122.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.998%.Applying this 21.998% change to the original purchase price of £85,000 results in an estimated price of approximately £103,698.
12 Jun 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.7 | 149.7 | 21.998 % | £85,000 | £18,698 | £103,698 |
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 | 17626.714 % | £14,982,707 | £15,067,707 |
3 Month Average | 53.810 % | £45,738 | £130,738 |
6 Month Average | 41.755 % | £35,491 | £120,491 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Oct 2024 | £125,000 | £125,000 | 99 COTTAM STREET |
14 Apr 2023 | £85,601 | £84,000 | 30 BARTON STREET |
1 Jul 2022 | £80,810 | £80,000 | 32 ELEANOR STREET |
29 Jun 2022 | £38,830 | £38,000 | 9 COTTAM STREET |
23 Aug 2021 | £101,149 | £90,000 | 22 BARTON STREET |
This house has a floor area of 65 sq meters or 705 sq feet when measured on 29 Jun 2009. Using an estimated price of £103,698 means this house is valued at £1,581 per sq meter (£146 per sq foot).
The average size of a house on COTTAM STREET is 89 sq meters (967 sq feet).