£98,535
This estimated value is based upon the latest sale price for the house of £100,000 on 18 Oct 2022. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£100,000 | 18 Oct 2022 |
£84,950 | 10 Sep 2007 |
£62,000 | 27 Jun 2007 |
Terraced |
Freehold |
Floor Area: 76 sq meters or 818 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 October 2022 the House Price Index for GREATER MANCHESTER was 150.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -1.465%.Applying this -1.465% change to the original purchase price of £100,000 results in an estimated price of approximately £98,535.
18 Oct 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
150.2 | 148.0 | -1.465 % | £100,000 | £-1,464 | £98,535 |
The Postcode Pricing Model uses changes in average sales price within the WN1 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 | 9.323 % | £9,323 | £109,323 |
3 Month Average | -16.384 % | £-16,384 | £83,615 |
6 Month Average | -9.268 % | £-9,267 | £90,732 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Apr 2024 | £103,000 | £103,000 | 211 SCHOLES |
28 Mar 2024 | £110,373 | £110,000 | 7 GILROY STREET |
18 Aug 2023 | £90,551 | £90,000 | 12 BALDWIN STREET |
7 Jul 2023 | £127,203 | £126,000 | 28 LOWER LONGSHOOT |
20 Apr 2023 | £151,123 | £150,000 | 7 ISABELLA SQUARE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 10 Sep 2019. Using an estimated price of £98,535 means this house is valued at £1,296 per sq meter (£120 per sq foot).
The average size of a house on GILROY STREET is 89 sq meters (968 sq feet).