£117,747
This estimated value is based upon the latest sale price for the house of £113,500 on 7 Apr 2022. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£113,500 | 7 Apr 2022 |
£90,500 | 16 May 2008 |
£34,000 | 29 May 2001 |
£35,500 | 30 Sep 1998 |
Terraced |
Leasehold |
Floor Area: 70 sq meters or 753 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 April 2022 the House Price Index for GREATER MANCHESTER was 144.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.742%.Applying this 3.742% change to the original purchase price of £113,500 results in an estimated price of approximately £117,747.
7 Apr 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
144.3 | 149.7 | 3.742 % | £113,500 | £4,247 | £117,747 |
The Postcode Pricing Model uses changes in average sales price within the OL11 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 | 1.504 % | £1,707 | £115,207 |
3 Month Average | 4.131 % | £4,688 | £118,188 |
6 Month Average | 13.980 % | £15,866 | £129,366 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Oct 2023 | £108,463 | £106,000 | 63 PARTINGTON STREET |
16 Oct 2023 | £117,673 | £115,000 | 82 PARTINGTON STREET |
5 Apr 2023 | £282,789 | £277,500 | 6 COVER DRIVE |
30 Mar 2023 | £183,057 | £180,000 | 18 COVER DRIVE |
22 Feb 2023 | £281,883 | £280,000 | 1 COVER DRIVE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 24 Jul 2015. Using an estimated price of £117,747 means this house is valued at £1,682 per sq meter (£156 per sq foot).
The average size of a house on PARTINGTON STREET is 77 sq meters (836 sq feet).