£158,355
This estimated value is based upon the latest sale price for the house of £157,500 on 15 Mar 2023. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£157,500 | 15 Mar 2023 |
£142,500 | 22 Mar 2019 |
Flats/Maisonettes |
Leasehold |
Floor Area: 89 sq meters or 957 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 March 2023 the House Price Index for GREATER MANCHESTER was 147.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.543%.Applying this 0.543% change to the original purchase price of £157,500 results in an estimated price of approximately £158,355.
15 Mar 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.2 | 148.0 | 0.543 % | £157,500 | £855 | £158,355 |
The Postcode Pricing Model uses changes in average sales price within the BL8 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 | 66.895 % | £105,359 | £262,859 |
3 Month Average | -13.434 % | £-21,158 | £136,341 |
6 Month Average | -7.166 % | £-11,286 | £146,213 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £150,508 | £150,000 | 47 WHARFSIDE APARTMENTS PROSPECT TERRACE |
6 Nov 2023 | £157,016 | £155,000 | 2 PROSPECT TERRACE |
7 Jul 2023 | £152,442 | £151,000 | 21 WHARFSIDE APARTMENTS PROSPECT TERRACE |
23 Jun 2023 | £161,308 | £160,000 | 7 WHARFSIDE APARTMENTS PROSPECT TERRACE |
15 Mar 2023 | £158,356 | £157,500 | 5 WHARFSIDE APARTMENTS PROSPECT TERRACE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 29 Jul 2016. Using an estimated price of £158,356 means this house is valued at £1,779 per sq meter (£165 per sq foot).
The average size of a house on PROSPECT TERRACE is 98 sq meters (1,062 sq feet).