£155,379
This estimated value is based upon the latest sale price for the house of £107,000 on 29 Jun 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £107,000 | 29 Jun 2015 |
| £85,000 | 7 Apr 2006 |
| Terraced |
| Leasehold |
| Floor Area: 160 sq meters or 1,722 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 June 2015 the House Price Index for GREATER MANCHESTER was 102.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £107,000 results in an estimated price of approximately £155,379.
| 29 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 148.6 | 45.215 % | £107,000 | £48,379 | £155,379 |
The Postcode Pricing Model uses changes in average sales price within the BL1 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 | -5.156 % | £-5,516 | £101,483 |
| 3 Month Average | 25.119 % | £26,877 | £133,877 |
| 6 Month Average | 36.024 % | £38,546 | £145,546 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £119,773 | £118,000 | 6 DOUGLAS STREET |
| 20 Jun 2023 | £101,226 | £100,000 | 5 WILTON ROAD |
| 14 Apr 2023 | £111,197 | £110,000 | 4 DOUGLAS STREET |
| 9 Feb 2023 | £142,904 | £143,000 | 15A BROAD O' TH' LANE |
| 31 Jan 2023 | £154,273 | £155,000 | 203 BELMONT ROAD |
This house has a floor area of 160 sq meters or 1,722 sq feet when measured on 27 May 2015. Using an estimated price of £155,380 means this house is valued at £971 per sq meter (£90 per sq foot).