£153,052
This estimated value is based upon the latest sale price for the house of £137,500 on 1 Mar 2021. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £137,500 | 1 Mar 2021 |
| Terraced |
| Leasehold |
| Floor Area: 114 sq meters or 1,227 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 March 2021 the House Price Index for GREATER MANCHESTER was 133.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 11.311%.Applying this 11.311% change to the original purchase price of £137,500 results in an estimated price of approximately £153,052.
| 1 Mar 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.5 | 148.6 | 11.311 % | £137,500 | £15,552 | £153,052 |
The Postcode Pricing Model uses changes in average sales price within the OL10 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 | 24.936 % | £34,287 | £171,787 |
| 3 Month Average | -3.465 % | £-4,764 | £132,735 |
| 6 Month Average | 22.719 % | £31,238 | £168,738 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £96,428 | £95,000 | 2 SEXTON STREET |
| 22 Jun 2023 | £405,917 | £401,000 | 1 TOWER STREET |
| 15 Mar 2023 | £60,571 | £60,000 | 49 TOWER STREET |
| 6 Mar 2023 | £158,493 | £157,000 | 38 TOWER STREET |
| 16 Jan 2023 | £109,484 | £110,000 | 63 TOWER STREET |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 7 Feb 2018. Using an estimated price of £153,052 means this house is valued at £1,342 per sq meter (£124 per sq foot).
The average size of a house on TOWER STREET is 79 sq meters (858 sq feet).