£71,726
This estimated value is based upon the latest sale price for the house of £42,000 on 8 Jan 2013. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £42,000 | 8 Jan 2013 |
| £36,000 | 22 Aug 2001 |
| £22,900 | 29 Jul 1999 |
| £28,000 | 5 Nov 1997 |
| Terraced |
| Freehold |
| Floor Area: 51 sq meters or 559 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 January 2013 the House Price Index for GREATER MANCHESTER was 87.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.776%.Applying this 70.776% change to the original purchase price of £42,000 results in an estimated price of approximately £71,726.
| 8 Jan 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 149.7 | 70.776 % | £42,000 | £29,726 | £71,726 |
The Postcode Pricing Model uses changes in average sales price within the OL7 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 | 381.733 % | £160,327 | £202,327 |
| 3 Month Average | 71.485 % | £30,023 | £72,023 |
| 6 Month Average | 64.102 % | £26,922 | £68,922 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Oct 2023 | £138,137 | £135,000 | 40 BIRCH STREET |
| 6 Oct 2023 | £172,928 | £169,000 | 185 MARLBOROUGH STREET |
| 18 Jan 2023 | £121,324 | £121,000 | 131 TRAFALGAR STREET |
| 4 Nov 2022 | £111,976 | £112,500 | 45 BIRCH STREET |
| 23 Sep 2022 | £127,915 | £128,000 | 86 BIRCH STREET |
This house has a floor area of 51 sq meters or 559 sq feet when measured on 13 Mar 2011. Using an estimated price of £71,726 means this house is valued at £1,379 per sq meter (£128 per sq foot).
The average size of a house on BIRCH STREET is 72 sq meters (785 sq feet).