£90,617
This estimated value is based upon the latest sale price for the house of £25,000 on 8 Nov 2000. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £25,000 | 8 Nov 2000 |
| Terraced |
| Leasehold |
| Floor Area: 101 sq meters or 1,087 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 November 2000 the House Price Index for GREATER MANCHESTER was 40.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 262.471%.Applying this 262.471% change to the original purchase price of £25,000 results in an estimated price of approximately £90,617.
| 8 Nov 2000 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.8 | 148.0 | 262.471 % | £25,000 | £65,617 | £90,617 |
The Postcode Pricing Model uses changes in average sales price within the OL9 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 | 251.621 % | £62,905 | £87,905 |
| 3 Month Average | 273.378 % | £68,344 | £93,344 |
| 6 Month Average | 283.307 % | £70,826 | £95,826 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £50,306 | £50,000 | 60 COLWYN STREET |
| 25 Jul 2023 | £85,812 | £85,000 | 91 WEST END STREET |
| 5 Jan 2022 | £172,946 | £165,000 | 12 NEATH STREET |
| 22 Dec 2021 | £60,822 | £57,000 | 1 HURST STREET |
| 16 Dec 2021 | £80,029 | £75,000 | 15 WESTBOURNE STREET |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 17 Jan 2014. Using an estimated price of £90,618 means this house is valued at £897 per sq meter (£83 per sq foot).
The average size of a house on NEATH STREET is 116 sq meters (1,255 sq feet).