£103,068
This estimated value is based upon the latest sale price for the house of £33,000 on 28 Jan 2002. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£33,000 | 28 Jan 2002 |
£29,500 | 14 May 1999 |
£17,000 | 18 Nov 1996 |
Terraced |
Freehold |
Floor Area: 59 sq meters or 635 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 January 2002 the House Price Index for GREATER MANCHESTER was 47.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 212.329%.Applying this 212.329% change to the original purchase price of £33,000 results in an estimated price of approximately £103,068.
28 Jan 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
47.6 | 148.6 | 212.329 % | £33,000 | £70,068 | £103,068 |
The Postcode Pricing Model uses changes in average sales price within the OL7 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 | 327.338 % | £108,021 | £141,021 |
3 Month Average | 315.971 % | £104,270 | £137,270 |
6 Month Average | 305.339 % | £100,761 | £133,761 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Aug 2023 | £121,059 | £120,000 | 13 FITZROY STREET |
12 May 2022 | £147,785 | £145,000 | 36 TRAFALGAR STREET |
23 Mar 2022 | £113,989 | £110,000 | ASHTON PHARMACY, 22 STOCKPORT ROAD |
11 Feb 2022 | £136,330 | £130,000 | 3 GROSVENOR PLACE |
15 Dec 2021 | £144,636 | £135,000 | 23 FITZROY STREET |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 18 Oct 2021. Using an estimated price of £103,069 means this house is valued at £1,746 per sq meter (£162 per sq foot).
The average size of a house on CAMBRIDGE STREET is 107 sq meters (1,155 sq feet).
This house is the smallest in the street with a floor area of 59 sq meters (635 sq feet).