£122,136
This estimated value is based upon the latest sale price for the house of £120,000 on 24 Dec 2023. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£120,000 | 24 Dec 2023 |
£70,000 | 16 Apr 2004 |
£27,500 | 4 Dec 2000 |
£27,000 | 11 Aug 2000 |
£37,000 | 11 Sep 1998 |
Terraced |
Freehold |
Floor Area: 66 sq meters or 710 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 2023 the House Price Index for GREATER MANCHESTER was 146.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.781%.Applying this 1.781% change to the original purchase price of £120,000 results in an estimated price of approximately £122,136.
24 Dec 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.0 | 148.6 | 1.781 % | £120,000 | £2,136 | £122,136 |
The Postcode Pricing Model uses changes in average sales price within the OL7 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 | 10.249 % | £12,298 | £132,298 |
3 Month Average | 18.529 % | £22,234 | £142,234 |
6 Month Average | 5.838 % | £7,006 | £127,006 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Dec 2023 | £122,137 | £120,000 | 120 POTTINGER STREET |
25 Aug 2023 | £201,765 | £200,000 | 54 MANSFIELD STREET |
21 Jul 2023 | £94,269 | £93,000 | 168 TRAFALGAR STREET |
3 Feb 2023 | £174,882 | £175,000 | 6 MANSFIELD CLOSE |
27 Apr 2022 | £118,427 | £115,000 | 152 TRAFALGAR STREET |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 20 Jul 2018. Using an estimated price of £122,137 means this house is valued at £1,850 per sq meter (£171 per sq foot).
The average size of a house on POTTINGER STREET is 63 sq meters (684 sq feet).