£219,746
This estimated value is based upon the latest sale price for the house of £170,000 on 24 Apr 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £170,000 | 24 Apr 2017 |
| £170,000 | 28 Oct 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 52 sq meters or 559 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 April 2017 the House Price Index for GREATER MANCHESTER was 115.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.262%.Applying this 29.262% change to the original purchase price of £170,000 results in an estimated price of approximately £219,746.
| 24 Apr 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 148.6 | 29.262 % | £170,000 | £49,746 | £219,746 |
The Postcode Pricing Model uses changes in average sales price within the WA14 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 | 3.577 % | £6,080 | £176,080 |
| 3 Month Average | 22.542 % | £38,321 | £208,321 |
| 6 Month Average | 38.708 % | £65,803 | £235,803 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £404,354 | £400,000 | 51 STAMFORD NEW ROAD |
| 16 Sep 2022 | £1,807,901 | £1,822,500 | 31 - 33 STAMFORD NEW ROAD |
| 1 Sep 2022 | £114,079 | £115,000 | 91A GEORGE STREET |
| 26 Aug 2022 | £284,235 | £285,000 | APARTMENT 2 VICTORIA HOUSE, 25A STAMFORD NEW ROAD |
| 17 Jun 2022 | £177,509 | £175,000 | APARTMENT 5 THE TANNERY, 24 BACK GRAFTON STREET |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 14 May 2016. Using an estimated price of £219,746 means this house is valued at £4,225 per sq meter (£392 per sq foot).
The average size of a house on GRAFTON STREET is 74 sq meters (804 sq feet).
This house is the smallest in the street with a floor area of 52 sq meters (559 sq feet).