£120,355
This estimated value is based upon the latest sale price for the house of £83,000 on 28 Jul 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £83,000 | 28 Jul 2015 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 July 2015 the House Price Index for GREATER MANCHESTER was 103.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 45.006%.Applying this 45.006% change to the original purchase price of £83,000 results in an estimated price of approximately £120,355.
| 28 Jul 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 149.7 | 45.006 % | £83,000 | £37,355 | £120,355 |
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 | 49.421 % | £41,019 | £124,019 |
| 3 Month Average | 38.930 % | £32,312 | £115,312 |
| 6 Month Average | 38.532 % | £31,981 | £114,981 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £140,153 | £138,000 | 72 CROMPTON STREET |
| 21 Nov 2023 | £96,448 | £94,000 | 91 CROMPTON STREET |
| 15 Sep 2023 | £282,221 | £276,000 | 25 SHADOWBROOK CLOSE |
| 17 Mar 2023 | £140,344 | £138,000 | 70 CROMPTON STREET |
| 12 Jan 2023 | £110,295 | £110,000 | 105 CROMPTON STREET |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 27 Apr 2014. Using an estimated price of £120,355 means this house is valued at £1,432 per sq meter (£133 per sq foot).
There is one other house on the street which we know the size of, this is 3 BELLOTT WALK it is 90.0