£115,863
This estimated value is based upon the latest sale price for the house of £46,500 on 27 Jan 2003. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £46,500 | 27 Jan 2003 |
| 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 January 2003 the House Price Index for GREATER MANCHESTER was 60.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 149.169%.Applying this 149.169% change to the original purchase price of £46,500 results in an estimated price of approximately £115,863.
| 27 Jan 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 60.1 | 149.7 | 149.169 % | £46,500 | £69,363 | £115,863 |
The Postcode Pricing Model uses changes in average sales price within the OL12 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 | 249.526 % | £116,029 | £162,529 |
| 3 Month Average | 205.021 % | £95,334 | £141,834 |
| 6 Month Average | 177.331 % | £82,458 | £128,958 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £128,256 | £125,000 | 11 AMY STREET |
| 20 Oct 2023 | £156,044 | £152,500 | 6 CUTGATE ROAD |
| 29 Jun 2023 | £153,067 | £150,000 | 7 SPOTLAND TOPS |
| 28 Apr 2023 | £193,622 | £190,000 | 9 MARTIN LANE |
| 10 Feb 2023 | £156,042 | £155,000 | 19 CUTGATE ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 26 Apr 2017. Using an estimated price of £115,864 means this house is valued at £1,655 per sq meter (£153 per sq foot).
The average size of a house on AMY STREET is 80 sq meters (863 sq feet).