£65,922
This estimated value is based upon the latest sale price for the house of £32,250 on 29 Apr 2004. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £32,250 | 29 Apr 2004 |
| Terraced |
| Freehold |
| Floor Area: 63 sq meters or 678 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 April 2004 the House Price Index for GREATER MANCHESTER was 72.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 104.412%.Applying this 104.412% change to the original purchase price of £32,250 results in an estimated price of approximately £65,922.
| 29 Apr 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 72.7 | 148.6 | 104.412 % | £32,250 | £33,672 | £65,922 |
The Postcode Pricing Model uses changes in average sales price within the M18 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 | 323.684 % | £104,388 | £136,638 |
| 3 Month Average | 306.931 % | £98,985 | £131,235 |
| 6 Month Average | 295.193 % | £95,199 | £127,449 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £135,369 | £133,000 | 46 CARFAX STREET |
| 20 Nov 2023 | £118,251 | £116,500 | 142 - 144 CHAPMAN STREET |
| 25 Aug 2023 | £131,147 | £130,000 | 26 ACHESON STREET |
| 31 Jul 2023 | £121,637 | £120,000 | 165 CHAPMAN STREET |
| 10 Feb 2023 | £137,408 | £137,500 | 32 ACHESON STREET |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 30 Jul 2019. Using an estimated price of £65,923 means this house is valued at £1,046 per sq meter (£97 per sq foot).
The average size of a house on CARFAX STREET is 78 sq meters (841 sq feet).