£163,002
This estimated value is based upon the latest sale price for the house of £95,000 on 1 Sep 2006. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£95,000 | 1 Sep 2006 |
Terraced |
Leasehold |
Floor Area: 60 sq meters or 645 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 September 2006 the House Price Index for GREATER MANCHESTER was 87.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.582%.Applying this 71.582% change to the original purchase price of £95,000 results in an estimated price of approximately £163,002.
1 Sep 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.2 | 149.7 | 71.582 % | £95,000 | £68,002 | £163,002 |
The Postcode Pricing Model uses changes in average sales price within the SK1 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 | 90.738 % | £86,201 | £181,201 |
3 Month Average | 86.721 % | £82,385 | £177,385 |
6 Month Average | 76.581 % | £72,752 | £167,752 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Sep 2023 | £163,607 | £160,000 | 15 GEORGE STREET EAST |
15 Aug 2023 | £257,647 | £253,000 | 356 TURNCROFT LANE |
11 Aug 2023 | £218,949 | £215,000 | 165 HALL STREET |
31 Mar 2023 | £1,525,476 | £1,500,000 | 5 GEORGE STREET EAST |
20 Mar 2023 | £132,208 | £130,000 | 3 GEORGE STREET EAST |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 9 Aug 2019. Using an estimated price of £163,003 means this house is valued at £2,716 per sq meter (£252 per sq foot).
The average size of a house on GEORGE STREET EAST is 88 sq meters (949 sq feet).
This house is the smallest in the street with a floor area of 60 sq meters (645 sq feet).