£73,498
This estimated value is based upon the latest sale price for the house of £68,000 on 11 Jun 2021. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£68,000 | 11 Jun 2021 |
£19,000 | 15 Apr 2003 |
Terraced |
Leasehold |
Floor Area: 74 sq meters or 802 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 2021 the House Price Index for GREATER MANCHESTER was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £68,000 results in an estimated price of approximately £73,498.
11 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 149.7 | 8.087 % | £68,000 | £5,498 | £73,498 |
The Postcode Pricing Model uses changes in average sales price within the OL16 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 | 53.273 % | £36,225 | £104,225 |
3 Month Average | 29.067 % | £19,765 | £87,765 |
6 Month Average | 25.420 % | £17,285 | £85,285 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Oct 2023 | £86,975 | £85,000 | 36 BERWICK STREET |
17 Mar 2023 | £81,359 | £80,000 | 35 STAMFORD STREET |
11 Jun 2021 | £73,499 | £68,000 | 34 MOSS STREET |
6 Nov 2020 | £79,420 | £68,000 | 16 STAMFORD STREET |
12 Oct 2020 | £89,814 | £76,000 | 2 SPRUCE STREET |
This house has a floor area of 74 sq meters or 802 sq feet when measured on 9 Feb 2011. Using an estimated price of £73,499 means this house is valued at £985 per sq meter (£91 per sq foot).
The average size of a house on MOSS STREET is 75 sq meters (813 sq feet).