£165,631
This estimated value is based upon the latest sale price for the house of £155,000 on 7 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 |
|---|---|
| £155,000 | 7 Jun 2021 |
| £125,000 | 31 Jan 2018 |
| £100,000 | 4 Oct 2006 |
| £42,500 | 30 Nov 1999 |
| £41,000 | 26 Feb 1999 |
| Terraced |
| Leasehold |
| Floor Area: 67 sq meters or 721 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 Apr 2024 is 148.0 which is a change of 6.859%.Applying this 6.859% change to the original purchase price of £155,000 results in an estimated price of approximately £165,631.
| 7 Jun 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.0 | 6.859 % | £155,000 | £10,631 | £165,631 |
The Postcode Pricing Model uses changes in average sales price within the BL8 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 | 1.091 % | £1,691 | £156,691 |
| 3 Month Average | -20.882 % | £-32,366 | £122,633 |
| 6 Month Average | -12.813 % | £-19,859 | £135,140 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £110,083 | £108,000 | 125 WOOD STREET |
| 19 Jun 2023 | £159,292 | £158,000 | 131 WOOD STREET |
| 20 Jan 2023 | £188,346 | £190,000 | 55 HILLYARD STREET |
| 31 Oct 2022 | £142,876 | £145,000 | 150 WOOD STREET |
| 21 Sep 2022 | £133,378 | £135,000 | 107 WOOD STREET |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 3 Aug 2017. Using an estimated price of £165,632 means this house is valued at £2,472 per sq meter (£229 per sq foot).
The average size of a house on ROBERT STREET is 74 sq meters (804 sq feet).