£49,474
This estimated value is based upon the latest sale price for the house of £39,999 on 31 Aug 2018. 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 |
|---|---|
| £39,999 | 31 Aug 2018 |
| £24,000 | 11 Apr 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 August 2018 the House Price Index for GREATER MANCHESTER was 120.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £39,999 results in an estimated price of approximately £49,474.
| 31 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.6 | 23.690 % | £39,999 | £9,475 | £49,474 |
The Postcode Pricing Model uses changes in average sales price within the OL4 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 | 45.544 % | £18,217 | £58,216 |
| 3 Month Average | 68.507 % | £27,401 | £67,400 |
| 6 Month Average | 31.242 % | £12,496 | £52,495 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £76,336 | £75,000 | 91 RAPER STREET |
| 4 Jul 2023 | £106,432 | £105,000 | 118 RAPER STREET |
| 21 Mar 2023 | £79,751 | £79,000 | 100 RAPER STREET |
| 28 Feb 2023 | £54,963 | £55,000 | 44 TAURUS STREET |
| 24 Feb 2023 | £136,908 | £137,000 | 23 SPRING STREET |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 16 Jul 2014. Using an estimated price of £49,475 means this house is valued at £717 per sq meter (£66 per sq foot).
The average size of a house on RAPER STREET is 70 sq meters (755 sq feet).