£276,015
This estimated value is based upon the latest sale price for the house of £53,500 on 27 Jun 1997. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£53,500 | 27 Jun 1997 |
Detached |
Leasehold |
Floor Area: 70 sq meters or 753 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 June 1997 the House Price Index for GREATER MANCHESTER was 29.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 415.917%.Applying this 415.917% change to the original purchase price of £53,500 results in an estimated price of approximately £276,015.
27 Jun 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
29.0 | 149.7 | 415.917 % | £53,500 | £222,515 | £276,015 |
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 | 321.195 % | £171,839 | £225,339 |
3 Month Average | 309.396 % | £165,526 | £219,026 |
6 Month Average | 313.904 % | £167,938 | £221,438 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2024 | £101,560 | £100,000 | 13 GREEN STREET |
7 Nov 2023 | £78,492 | £76,500 | 315 TOTTINGTON ROAD |
4 Sep 2023 | £171,276 | £167,500 | 42 GOODLAD STREET |
8 Jun 2023 | £200,008 | £196,000 | 9 GOODLAD STREET |
30 Sep 2022 | £74,950 | £75,000 | 321 TOTTINGTON ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 28 Aug 2013. Using an estimated price of £276,015 means this house is valued at £3,943 per sq meter (£366 per sq foot).
The average size of a house on GREEN STREET is 82 sq meters (892 sq feet).