£128,652
This estimated value is based upon the latest sale price for the house of £82,000 on 10 Aug 2007. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £82,000 | 10 Aug 2007 |
| £59,950 | 8 Apr 2004 |
| Terraced |
| Leasehold |
| Floor Area: 71 sq meters or 764 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 2007 the House Price Index for GREATER MANCHESTER was 94.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.893%.Applying this 56.893% change to the original purchase price of £82,000 results in an estimated price of approximately £128,652.
| 10 Aug 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.7 | 148.6 | 56.893 % | £82,000 | £46,652 | £128,652 |
The Postcode Pricing Model uses changes in average sales price within the OL8 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 | 26.080 % | £21,385 | £103,385 |
| 3 Month Average | 35.219 % | £28,879 | £110,879 |
| 6 Month Average | 33.091 % | £27,134 | £109,134 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £203,005 | £200,000 | 91 WARREN LANE |
| 29 Sep 2023 | £101,295 | £100,000 | 24 SWANSEA STREET |
| 25 Sep 2023 | £202,590 | £200,000 | 9 FINSBURY CLOSE |
| 25 Nov 2022 | £143,265 | £145,000 | 26 FLOWERY BANK |
| 25 Feb 2022 | £293,634 | £280,000 | 29 MATTHEW CLOSE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 31 Jan 2013. Using an estimated price of £128,652 means this house is valued at £1,812 per sq meter (£168 per sq foot).
The average size of a house on SWANSEA STREET is 88 sq meters (952 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Worsley Street |