£119,379
This estimated value is based upon the latest sale price for the house of £113,000 on 15 Feb 2022. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £113,000 | 15 Feb 2022 |
| £97,000 | 14 Apr 2020 |
| £73,950 | 5 Jan 2005 |
| £37,995 | 7 May 2003 |
| £18,950 | 19 Jul 2002 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 759 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 2022 the House Price Index for GREATER MANCHESTER was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £113,000 results in an estimated price of approximately £119,379.
| 15 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 149.7 | 5.646 % | £113,000 | £6,379 | £119,379 |
The Postcode Pricing Model uses changes in average sales price within the M40 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 | 26.806 % | £30,290 | £143,290 |
| 3 Month Average | 38.141 % | £43,099 | £156,099 |
| 6 Month Average | 32.384 % | £36,593 | £149,593 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Mar 2024 | £162,497 | £160,000 | 81 ROSSINGTON STREET |
| 5 Dec 2023 | £154,755 | £150,000 | 62 LENG ROAD |
| 10 Aug 2023 | £183,306 | £180,000 | 17 REGENT STREET |
| 30 Jun 2023 | £145,924 | £143,000 | 25 REGENT STREET |
| 14 Jun 2023 | £148,986 | £146,000 | 50 LENG ROAD |
This house has a floor area of 70 sq meters or 759 sq feet when measured on 15 Mar 2012. Using an estimated price of £119,380 means this house is valued at £1,690 per sq meter (£157 per sq foot).
The average size of a house on ROSSINGTON STREET is 87 sq meters (937 sq feet).