£106,796
This estimated value is based upon the latest sale price for the house of £105,000 on 17 May 2023. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£105,000 | 17 May 2023 |
£65,000 | 19 Dec 2012 |
Terraced |
Leasehold |
Floor Area: 92 sq meters or 990 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 2023 the House Price Index for GREATER MANCHESTER was 146.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.711%.Applying this 1.711% change to the original purchase price of £105,000 results in an estimated price of approximately £106,796.
17 May 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.1 | 148.6 | 1.711 % | £105,000 | £1,796 | £106,796 |
The Postcode Pricing Model uses changes in average sales price within the SK14 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 | 5.140 % | £5,396 | £110,396 |
3 Month Average | 11.317 % | £11,882 | £116,882 |
6 Month Average | 7.342 % | £7,709 | £112,709 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Aug 2023 | £183,606 | £182,000 | 12 ALBERT STREET |
18 Jul 2023 | £131,774 | £130,000 | 3 ELM GROVE |
12 Jul 2023 | £146,978 | £145,000 | 36 GRANGE ROAD NORTH |
12 Apr 2023 | £151,633 | £150,000 | 30 ELM GROVE |
3 Apr 2023 | £158,203 | £156,500 | 7 ALBERT STREET |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 17 Jul 2012.
The average size of a house on MILES STREET is 103 sq meters (1,110 sq feet).