£269,047
This estimated value is based upon the latest sale price for the house of £222,500 on 3 Jul 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£222,500 | 3 Jul 2020 |
£140,000 | 11 Oct 2019 |
£112,500 | 17 Oct 2008 |
£91,000 | 12 Dec 2007 |
£65,000 | 15 Nov 2007 |
£80,000 | 15 Nov 2007 |
Terraced |
Leasehold |
Floor Area: 102 sq meters or 1,097 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 2020 the House Price Index for GREATER MANCHESTER was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £222,500 results in an estimated price of approximately £269,047.
3 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.9 | 148.6 | 20.920 % | £222,500 | £46,547 | £269,047 |
The Postcode Pricing Model uses changes in average sales price within the M19 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 | 3.487 % | £7,757 | £230,257 |
3 Month Average | 9.613 % | £21,388 | £243,888 |
6 Month Average | 18.431 % | £41,009 | £263,509 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Jul 2023 | £247,075 | £243,750 | 58 CROMWELL GROVE |
26 Jun 2023 | £251,041 | £248,000 | 31 MONTREAL STREET |
2 Jun 2023 | £193,848 | £191,500 | 7 EMLEY STREET |
24 Apr 2023 | £224,416 | £222,000 | 36 MONTREAL STREET |
28 Feb 2023 | £144,902 | £145,000 | 15 WESTMINSTER STREET |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 9 Dec 2015. Using an estimated price of £269,048 means this house is valued at £2,637 per sq meter (£245 per sq foot).
The average size of a house on MONTREAL STREET is 94 sq meters (1,021 sq feet).