£190,966
This estimated value is based upon the latest sale price for the house of £102,500 on 20 May 2009. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£102,500 | 20 May 2009 |
£105,000 | 2 Sep 2005 |
£40,000 | 26 Jul 2002 |
Terraced |
Leasehold |
Floor Area: 107 sq meters or 1,152 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 May 2009 the House Price Index for GREATER MANCHESTER was 80.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 86.309%.Applying this 86.309% change to the original purchase price of £102,500 results in an estimated price of approximately £190,966.
20 May 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
80.4 | 149.7 | 86.309 % | £102,500 | £88,466 | £190,966 |
The Postcode Pricing Model uses changes in average sales price within the BL8 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 | -4.616 % | £-4,731 | £97,768 |
3 Month Average | 33.164 % | £33,992 | £136,492 |
6 Month Average | 43.045 % | £44,120 | £146,620 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Apr 2024 | £105,920 | £105,000 | 37 FAIRY STREET |
17 Nov 2023 | £135,438 | £132,000 | 18 PEERS STREET |
23 Jun 2023 | £127,556 | £125,000 | 24 PEERS STREET |
28 Apr 2023 | £127,383 | £125,000 | 28 PEERS STREET |
31 Mar 2023 | £152,548 | £150,000 | 3 HULBERT STREET |
This house has a floor area of 107 sq meters or 1,152 sq feet when measured on 15 Nov 2008. Using an estimated price of £190,967 means this house is valued at £1,783 per sq meter (£165 per sq foot).
The average size of a house on BELBECK STREET is 88 sq meters (950 sq feet).