£219,805
This estimated value is based upon the latest sale price for the house of £125,000 on 15 May 2006. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£125,000 | 15 May 2006 |
Flats/Maisonettes |
Leasehold |
Floor Area: 56 sq meters or 602 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 2006 the House Price Index for GREATER MANCHESTER was 85.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 75.844%.Applying this 75.844% change to the original purchase price of £125,000 results in an estimated price of approximately £219,805.
15 May 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
85.1 | 149.7 | 75.844 % | £125,000 | £94,805 | £219,805 |
The Postcode Pricing Model uses changes in average sales price within the OL12 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 | 123.008 % | £153,759 | £278,759 |
3 Month Average | 74.060 % | £92,575 | £217,575 |
6 Month Average | 76.802 % | £96,002 | £221,002 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Apr 2024 | £133,156 | £132,000 | 6 BELGRAVE STREET |
20 Nov 2023 | £164,167 | £160,000 | 8 THRUSH STREET |
2 Oct 2023 | £133,021 | £130,000 | 6 PRESTON STREET |
21 Sep 2023 | £148,268 | £145,000 | 12 BELGRAVE STREET |
31 Mar 2023 | £127,123 | £125,000 | 9 BELGRAVE STREET |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 14 Jul 2015. Using an estimated price of £219,805 means this house is valued at £3,925 per sq meter (£364 per sq foot).
The average size of a house on BLAIR STREET is 87 sq meters (941 sq feet).