£65,883
This estimated value is based upon the latest sale price for the house of £35,000 on 22 Nov 2004. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£35,000 | 22 Nov 2004 |
£15,000 | 28 Jun 2002 |
Terraced |
Freehold |
Floor Area: 165 sq meters or 1,776 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 November 2004 the House Price Index for GREATER MANCHESTER was 78.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 88.239%.Applying this 88.239% change to the original purchase price of £35,000 results in an estimated price of approximately £65,883.
22 Nov 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
78.9 | 148.6 | 88.239 % | £35,000 | £30,883 | £65,883 |
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 | 19.943 % | £6,980 | £41,980 |
3 Month Average | 104.963 % | £36,736 | £71,736 |
6 Month Average | 92.744 % | £32,460 | £67,460 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £101,295 | £100,000 | 118 BLANDFORD STREET |
4 Aug 2023 | £83,228 | £82,500 | 152 BURLINGTON STREET |
30 Jan 2023 | £189,109 | £190,000 | 8 BLANDFORD COURT |
14 Apr 2022 | £92,682 | £90,000 | 142 MARGARET STREET |
18 Mar 2022 | £126,424 | £122,000 | 106 BLANDFORD STREET |
This house has a floor area of 165 sq meters or 1,776 sq feet when measured on 13 Jun 2019. Using an estimated price of £65,884 means this house is valued at £399 per sq meter (£37 per sq foot).
The average size of a house on MARGARET STREET is 87 sq meters (945 sq feet).