£119,148
This estimated value is based upon the latest sale price for the house of £89,950 on 10 Oct 2016. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£89,950 | 10 Oct 2016 |
Terraced |
Freehold |
Floor Area: 87 sq meters or 936 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 October 2016 the House Price Index for GREATER MANCHESTER was 112.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £89,950 results in an estimated price of approximately £119,148.
10 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.2 | 148.6 | 32.461 % | £89,950 | £29,198 | £119,148 |
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 | 4.656 % | £4,188 | £94,138 |
3 Month Average | 17.721 % | £15,940 | £105,890 |
6 Month Average | 41.468 % | £37,300 | £127,250 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Aug 2023 | £151,828 | £150,500 | 81 EGERTON STREET |
21 Apr 2023 | £88,958 | £88,000 | 76 COOMASSIE STREET |
20 Apr 2023 | £112,208 | £111,000 | 59 EGERTON STREET |
14 Mar 2023 | £148,398 | £147,000 | 79 EGERTON STREET |
21 Feb 2023 | £143,903 | £144,000 | 62 EGERTON STREET |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 4 Jul 2016. Using an estimated price of £119,148 means this house is valued at £1,369 per sq meter (£127 per sq foot).
There is one other house on the street which we know the size of, this is 2 CRANMER COURT it is 81.0