£139,800
This estimated value is based upon the latest sale price for the house of £114,000 on 1 Oct 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £114,000 | 1 Oct 2019 |
| £103,500 | 3 Oct 2014 |
| £66,000 | 27 Feb 2004 |
| £40,950 | 22 Sep 2000 |
| £34,500 | 3 Oct 1997 |
| Terraced |
| Leasehold |
| Floor Area: 69 sq meters or 742 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 October 2019 the House Price Index for GREATER MANCHESTER was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £114,000 results in an estimated price of approximately £139,800.
| 1 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.632 % | £114,000 | £25,800 | £139,800 |
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 | -29.996 % | £-34,195 | £79,804 |
| 3 Month Average | -4.074 % | £-4,643 | £109,356 |
| 6 Month Average | 19.613 % | £22,358 | £136,358 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £175,092 | £172,500 | 10 MAYOR STREET |
| 15 Sep 2023 | £164,098 | £162,000 | 9 MAYOR STREET |
| 18 Aug 2023 | £128,625 | £127,500 | 75 WALSHAW ROAD |
| 3 Jul 2023 | £146,978 | £145,000 | 14 MAYOR STREET |
| 7 Jul 2022 | £160,432 | £160,000 | 29 HAYWARD STREET |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 18 Jun 2014. Using an estimated price of £139,801 means this house is valued at £2,026 per sq meter (£188 per sq foot).
The average size of a house on MAYOR STREET is 81 sq meters (873 sq feet).