£69,639
This estimated value is based upon the latest sale price for the house of £65,000 on 22 Dec 2021. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £65,000 | 22 Dec 2021 |
| £50,000 | 5 Sep 2018 |
| £55,500 | 11 Apr 2016 |
| £57,000 | 25 Jul 2012 |
| Terraced |
| Leasehold |
| Floor Area: 55 sq meters or 592 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 December 2021 the House Price Index for GREATER MANCHESTER was 138.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £65,000 results in an estimated price of approximately £69,639.
| 22 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.6 | 7.138 % | £65,000 | £4,639 | £69,639 |
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 | -7.688 % | £-4,997 | £60,002 |
| 3 Month Average | 0.103 % | £67 | £65,067 |
| 6 Month Average | 0.288 % | £186 | £65,186 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Jun 2023 | £75,920 | £75,000 | 2 NEVADA STREET |
| 3 Mar 2023 | £65,113 | £64,500 | 10 ST ANN STREET |
| 4 Nov 2022 | £158,085 | £160,000 | 35 PENTLAND TERRACE |
| 18 Mar 2022 | £145,077 | £140,000 | 37 PENTLAND TERRACE |
| 19 Jan 2022 | £88,402 | £84,000 | 7 WORCESTER STREET |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 24 Oct 2018. Using an estimated price of £69,640 means this house is valued at £1,266 per sq meter (£117 per sq foot).
The average size of a house on NEVADA STREET is 85 sq meters (916 sq feet).