£205,995
This estimated value is based upon the latest sale price for the house of £115,000 on 21 Nov 2008. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£115,000 | 21 Nov 2008 |
Terraced |
Freehold |
Floor Area: 163 sq meters or 1,759 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 2008 the House Price Index for GREATER MANCHESTER was 83.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 79.126%.Applying this 79.126% change to the original purchase price of £115,000 results in an estimated price of approximately £205,995.
21 Nov 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
83.0 | 148.6 | 79.126 % | £115,000 | £90,995 | £205,995 |
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 | -9.855 % | £-11,332 | £103,667 |
3 Month Average | 19.449 % | £22,365 | £137,365 |
6 Month Average | 23.748 % | £27,310 | £142,310 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Sep 2023 | £79,010 | £78,000 | 1 BEDFORD COURT MARLBOROUGH STREET |
5 Sep 2023 | £101,295 | £100,000 | 26 RUSSELL STREET |
17 Feb 2023 | £207,360 | £207,500 | KIRKALL PLACE, 69 CHORLEY OLD ROAD |
3 Feb 2023 | £299,798 | £300,000 | 71 CHORLEY OLD ROAD |
19 Jan 2023 | £119,437 | £120,000 | 17 PARK STREET |
This house has a floor area of 163 sq meters or 1,759 sq feet when measured on 1 Sep 2011. Using an estimated price of £205,995 means this house is valued at £1,260 per sq meter (£117 per sq foot).
The average size of a house on PARK STREET is 123 sq meters (1,333 sq feet).