£120,099
This estimated value is based upon the latest sale price for the house of £23,250 on 16 May 1997. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £23,250 | 16 May 1997 |
| £26,950 | 16 Jun 1995 |
| Terraced |
| Freehold |
| Floor Area: 64 sq meters or 698 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 May 1997 the House Price Index for GREATER MANCHESTER was 28.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 416.558%.Applying this 416.558% change to the original purchase price of £23,250 results in an estimated price of approximately £120,099.
| 16 May 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 28.8 | 148.6 | 416.558 % | £23,250 | £96,849 | £120,099 |
The Postcode Pricing Model uses changes in average sales price within the M18 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 | 424.390 % | £98,670 | £121,920 |
| 3 Month Average | 554.535 % | £128,929 | £152,179 |
| 6 Month Average | 526.742 % | £122,467 | £145,717 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Jul 2023 | £142,924 | £141,000 | 8 GORDON STREET |
| 16 Feb 2023 | £154,896 | £155,000 | 3 KENYON STREET |
| 10 Jan 2023 | £114,461 | £115,000 | 19 GORDON STREET |
| 9 Aug 2022 | £119,678 | £120,000 | 15 GORDON STREET |
| 2 Aug 2022 | £119,678 | £120,000 | 171 VINE STREET |
This house has a floor area of 64 sq meters or 698 sq feet when measured on 9 Sep 2010. Using an estimated price of £120,100 means this house is valued at £1,850 per sq meter (£171 per sq foot).
The average size of a house on VINE STREET is 96 sq meters (1,043 sq feet).
This house is the smallest in the street with a floor area of 64 sq meters (698 sq feet).