£145,150
This estimated value is based upon the latest sale price for the house of £95,000 on 18 Jul 2014. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £95,000 | 18 Jul 2014 |
| Terraced |
| Leasehold |
| Floor Area: 54 sq meters or 581 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 July 2014 the House Price Index for GREATER MANCHESTER was 97.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 52.790%.Applying this 52.790% change to the original purchase price of £95,000 results in an estimated price of approximately £145,150.
| 18 Jul 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 148.6 | 52.790 % | £95,000 | £50,150 | £145,150 |
The Postcode Pricing Model uses changes in average sales price within the BL1 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 | 2.694 % | £2,559 | £97,559 |
| 3 Month Average | 19.607 % | £18,626 | £113,626 |
| 6 Month Average | 36.307 % | £34,492 | £129,492 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £73,589 | £72,500 | 2 MCDONNA STREET |
| 31 Jul 2023 | £93,255 | £92,000 | 24 MCDONNA STREET |
| 31 Jan 2023 | £161,240 | £162,000 | 543 HALLIWELL ROAD |
| 30 Jan 2023 | £293,617 | £295,000 | 2 HILL BANK CLOSE |
| 12 Aug 2022 | £144,611 | £145,000 | 515 HALLIWELL ROAD |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 28 Oct 2013. Using an estimated price of £145,151 means this house is valued at £2,687 per sq meter (£249 per sq foot).
There is one other house on the street which we know the size of, this is 10 ELLIOTT STREET it is 57.0