£114,933
This estimated value is based upon the latest sale price for the house of £93,000 on 13 Dec 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £93,000 | 13 Dec 2019 |
| £85,000 | 29 Jun 2016 |
| £70,000 | 21 Apr 2006 |
| Semi-Detached |
| 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 December 2019 the House Price Index for GREATER MANCHESTER was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.585%.Applying this 23.585% change to the original purchase price of £93,000 results in an estimated price of approximately £114,933.
| 13 Dec 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.585 % | £93,000 | £21,933 | £114,933 |
The Postcode Pricing Model uses changes in average sales price within the OL1 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 | 19.446 % | £18,084 | £111,084 |
| 3 Month Average | 21.790 % | £20,264 | £113,264 |
| 6 Month Average | 30.216 % | £28,100 | £121,100 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Oct 2023 | £306,972 | £300,000 | 157 EGERTON STREET |
| 16 Jun 2023 | £119,393 | £117,000 | 6 BRACKLEY STREET |
| 22 Mar 2023 | £101,698 | £100,000 | 29 CHARTER STREET |
| 30 Jun 2022 | £107,294 | £105,000 | 63 MORTIMER STREET |
| 19 Apr 2022 | £99,593 | £96,000 | 44 MORTIMER STREET |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 9 Apr 2016. Using an estimated price of £114,934 means this house is valued at £1,948 per sq meter (£180 per sq foot).
The average size of a house on MORTIMER STREET is 72 sq meters (782 sq feet).