£72,035
This estimated value is based upon the latest sale price for the house of £55,000 on 10 Feb 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£55,000 | 10 Feb 2017 |
£42,000 | 19 Feb 2000 |
£35,000 | 24 Feb 1995 |
Terraced |
Freehold |
Floor Area: 48 sq meters or 516 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 February 2017 the House Price Index for GREATER MANCHESTER was 114.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.973%.Applying this 30.973% change to the original purchase price of £55,000 results in an estimated price of approximately £72,035.
10 Feb 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
114.3 | 149.7 | 30.973 % | £55,000 | £17,035 | £72,035 |
The Postcode Pricing Model uses changes in average sales price within the OL11 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 | 27.535 % | £15,144 | £70,144 |
3 Month Average | 48.166 % | £26,491 | £81,491 |
6 Month Average | 44.471 % | £24,459 | £79,459 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £239,871 | £232,500 | 44 STOCKS STREET |
30 Nov 2023 | £102,605 | £100,000 | 10 ASH STREET |
6 Nov 2023 | £189,818 | £185,000 | 20 SYDNEY BARNES CLOSE |
26 Oct 2023 | £84,417 | £82,500 | THE WESTCOMBE BUILDING, 15 SYDNEY BARNES CLOSE |
30 Aug 2023 | £122,204 | £120,000 | THE WESTCOMBE BUILDING, 25 SYDNEY BARNES CLOSE |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 25 Nov 2016. Using an estimated price of £72,035 means this house is valued at £1,500 per sq meter (£139 per sq foot).
The average size of a house on PARTINGTON STREET is 77 sq meters (836 sq feet).
This house is the smallest in the street with a floor area of 48 sq meters (516 sq feet).