£61,417
This estimated value is based upon the latest sale price for the house of £28,000 on 18 Dec 2003. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £28,000 | 18 Dec 2003 |
| £24,750 | 21 Dec 2000 |
| £15,300 | 15 Nov 2000 |
| Detached |
| Leasehold |
| Floor Area: 76 sq meters or 818 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 2003 the House Price Index for GREATER MANCHESTER was 68.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 119.349%.Applying this 119.349% change to the original purchase price of £28,000 results in an estimated price of approximately £61,417.
| 18 Dec 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 68.2 | 149.7 | 119.349 % | £28,000 | £33,417 | £61,417 |
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 | 151.861 % | £42,521 | £70,521 |
| 3 Month Average | 163.185 % | £45,691 | £73,691 |
| 6 Month Average | 152.375 % | £42,665 | £70,665 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £193,490 | £190,000 | 6 FLINT STREET |
| 11 Aug 2023 | £86,561 | £85,000 | 28 GRANITE STREET |
| 3 Mar 2023 | £123,055 | £121,000 | 30 GRANITE STREET |
| 28 Feb 2023 | £77,518 | £77,000 | 24 GRANITE STREET |
| 14 Jul 2022 | £196,974 | £195,000 | 91 PRINCE CHARLIE STREET |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 11 Jan 2013. Using an estimated price of £61,418 means this house is valued at £808 per sq meter (£75 per sq foot).
The average size of a house on FLINT STREET is 91 sq meters (985 sq feet).