£137,847
This estimated value is based upon the latest sale price for the house of £58,200 on 30 May 2003. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£58,200 | 30 May 2003 |
£34,000 | 27 Oct 2000 |
Semi-Detached |
Leasehold |
Floor Area: 72 sq meters or 775 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 May 2003 the House Price Index for GREATER MANCHESTER was 62.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 136.852%.Applying this 136.852% change to the original purchase price of £58,200 results in an estimated price of approximately £137,847.
30 May 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
62.7 | 148.6 | 136.852 % | £58,200 | £79,647 | £137,847 |
The Postcode Pricing Model uses changes in average sales price within the WN1 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 | 2.298 % | £1,337 | £59,537 |
3 Month Average | 71.527 % | £41,628 | £99,828 |
6 Month Average | 113.964 % | £66,327 | £124,527 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Sep 2023 | £134,723 | £133,000 | 11 CLIFTON STREET |
15 Mar 2023 | £91,865 | £91,000 | 22 CHARLES STREET |
1 Feb 2023 | £153,896 | £154,000 | 25 CHARLES STREET |
20 Jan 2023 | £112,470 | £113,000 | 30 CHARLES STREET |
11 Aug 2022 | £110,702 | £111,000 | 8 LORD STREET |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 25 Feb 2013. Using an estimated price of £137,848 means this house is valued at £1,914 per sq meter (£177 per sq foot).
The average size of a house on LORD STREET is 106 sq meters (1,144 sq feet).