£132,839
This estimated value is based upon the latest sale price for the house of £100,000 on 12 Sep 2016. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£100,000 | 12 Sep 2016 |
£108,000 | 29 Jun 2007 |
£37,000 | 27 Jul 2001 |
Semi-Detached |
Freehold |
Floor Area: 58 sq meters or 624 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 2016 the House Price Index for GREATER MANCHESTER was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £100,000 results in an estimated price of approximately £132,839.
12 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.9 | 148.6 | 32.839 % | £100,000 | £32,839 | £132,839 |
The Postcode Pricing Model uses changes in average sales price within the OL10 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 | 32.640 % | £32,639 | £132,639 |
3 Month Average | 26.789 % | £26,788 | £126,788 |
6 Month Average | 43.688 % | £43,688 | £143,688 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £227,914 | £225,000 | 270 GREEN LANE |
11 Aug 2023 | £118,033 | £117,000 | 28 CANAL STREET |
8 Mar 2023 | £131,236 | £130,000 | 15 ROBERT STREET |
8 Feb 2023 | £226,847 | £227,000 | 167 GREEN LANE |
22 Nov 2022 | £118,564 | £120,000 | 43 WITHINGTON STREET |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 30 Sep 2016. Using an estimated price of £132,839 means this house is valued at £2,290 per sq meter (£212 per sq foot).
The average size of a house on TORRINGTON STREET is 76 sq meters (822 sq feet).
This house is the smallest in the street with a floor area of 58 sq meters (624 sq feet).