£115,539
This estimated value is based upon the latest sale price for the house of £60,500 on 10 Sep 2004. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£60,500 | 10 Sep 2004 |
£25,000 | 21 Apr 1995 |
Terraced |
Leasehold |
Floor Area: 68 sq meters or 731 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 September 2004 the House Price Index for GREATER MANCHESTER was 77.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 90.974%.Applying this 90.974% change to the original purchase price of £60,500 results in an estimated price of approximately £115,539.
10 Sep 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
77.8 | 148.6 | 90.974 % | £60,500 | £55,039 | £115,539 |
The Postcode Pricing Model uses changes in average sales price within the OL6 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 | 37.146 % | £22,473 | £82,973 |
3 Month Average | 112.525 % | £68,077 | £128,577 |
6 Month Average | 102.227 % | £61,847 | £122,347 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £101,295 | £100,000 | 118 BLANDFORD STREET |
26 Sep 2023 | £189,422 | £187,000 | 199 MARGARET STREET |
21 Sep 2023 | £136,748 | £135,000 | 153 DEAN STREET |
5 Jun 2023 | £151,839 | £150,000 | 151 DEAN STREET |
17 Mar 2023 | £107,008 | £106,000 | 192 MARGARET STREET |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 13 Jan 2016. Using an estimated price of £115,539 means this house is valued at £1,699 per sq meter (£157 per sq foot).
The average size of a house on BLANDFORD STREET is 82 sq meters (885 sq feet).