£122,820
This estimated value is based upon the latest sale price for the house of £122,000 on 24 Feb 2023. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £122,000 | 24 Feb 2023 |
| £114,000 | 5 May 2017 |
| £72,000 | 10 Mar 2017 |
| £50,000 | 22 Nov 2011 |
| £71,000 | 22 Sep 2006 |
| £27,000 | 2 Aug 1996 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 744 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 February 2023 the House Price Index for GREATER MANCHESTER was 148.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.672%.Applying this 0.672% change to the original purchase price of £122,000 results in an estimated price of approximately £122,820.
| 24 Feb 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 149.7 | 0.672 % | £122,000 | £820 | £122,820 |
The Postcode Pricing Model uses changes in average sales price within the SK16 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 | 15.327 % | £18,699 | £140,699 |
| 3 Month Average | 13.152 % | £16,045 | £138,045 |
| 6 Month Average | -0.216 % | £-264 | £121,735 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £60,000 | £60,000 | 30 PEEL STREET |
| 15 Dec 2023 | £82,536 | £80,000 | 6 PEEL STREET |
| 7 Aug 2023 | £162,939 | £160,000 | 32 FURNACE STREET |
| 24 Feb 2023 | £122,820 | £122,000 | 84 FURNACE STREET |
| 25 Jan 2023 | £135,362 | £135,000 | 22 FURNACE STREET |
This house has a floor area of 69 sq meters or 744 sq feet when measured on 12 Jan 2011. Using an estimated price of £122,820 means this house is valued at £1,774 per sq meter (£164 per sq foot).
The average size of a house on FURNACE STREET is 69 sq meters (748 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Peel Street |