£112,020
This estimated value is based upon the latest sale price for the house of £110,000 on 4 Aug 2023. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £110,000 | 4 Aug 2023 |
| £90,000 | 9 Mar 2007 |
| £29,500 | 30 Sep 2003 |
| £19,500 | 15 Sep 1997 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 August 2023 the House Price Index for GREATER MANCHESTER was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £110,000 results in an estimated price of approximately £112,020.
| 4 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £110,000 | £2,020 | £112,020 |
The Postcode Pricing Model uses changes in average sales price within the BL3 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 | -0.776 % | £-853 | £109,146 |
| 3 Month Average | 14.157 % | £15,572 | £125,572 |
| 6 Month Average | 7.806 % | £8,586 | £118,586 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Oct 2023 | £180,090 | £176,000 | 63 ELLESMERE ROAD |
| 31 Aug 2023 | £117,112 | £115,000 | 51 ELLESMERE ROAD |
| 4 Aug 2023 | £112,020 | £110,000 | 8 FAIR STREET |
| 27 Jun 2023 | £114,290 | £112,000 | 15 FAIR STREET |
| 31 Mar 2023 | £119,496 | £117,500 | 19 UGANDA STREET |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 22 Jul 2014. Using an estimated price of £112,020 means this house is valued at £1,697 per sq meter (£157 per sq foot).
The average size of a house on FAIR STREET is 78 sq meters (839 sq feet).