£114,071
This estimated value is based upon the latest sale price for the house of £89,950 on 8 May 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £89,950 | 8 May 2018 |
| £74,995 | 3 Nov 2006 |
| £28,950 | 19 Dec 2003 |
| Terraced |
| Freehold |
| Floor Area: 62 sq meters or 667 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 May 2018 the House Price Index for GREATER MANCHESTER was 79.8.
The House Price Index as of 1 Dec 2024 is 101.2 which is a change of 26.817%.Applying this 26.817% change to the original purchase price of £89,950 results in an estimated price of approximately £114,071.
| 8 May 2018 | 1 Dec 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 101.2 | 26.817 % | £89,950 | £24,121 | £114,071 |
The Postcode Pricing Model uses changes in average sales price within the M40 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 | 47.856 % | £43,046 | £132,996 |
| 3 Month Average | 62.176 % | £55,927 | £145,877 |
| 6 Month Average | 57.887 % | £52,069 | £142,019 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2024 | £255,758 | £255,000 | 26 HANSON ROAD |
| 19 Jul 2024 | £122,791 | £120,000 | 35 RAMSEY STREET |
| 9 Nov 2023 | £124,426 | £120,000 | 24 KIRKBY AVENUE |
| 1 Jun 2023 | £719,188 | £700,000 | ST. LUKES SOCIAL CLUB SULBY STREET |
| 21 Apr 2023 | £338,702 | £330,000 | 11 ST GEORGES DRIVE |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 15 Jan 2018. Using an estimated price of £114,072 means this house is valued at £1,839 per sq meter (£170 per sq foot).
The average size of a house on RAMSEY STREET is 68 sq meters (742 sq feet).