£42,923
This estimated value is based upon the latest sale price for the house of £10,000 on 19 Aug 1999. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £10,000 | 19 Aug 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 61 sq meters or 656 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 August 1999 the House Price Index for GREATER MANCHESTER was 34.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 329.231%.Applying this 329.231% change to the original purchase price of £10,000 results in an estimated price of approximately £42,923.
| 19 Aug 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 34.6 | 148.6 | 329.231 % | £10,000 | £32,923 | £42,923 |
The Postcode Pricing Model uses changes in average sales price within the M18 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 | 496.256 % | £49,625 | £59,625 |
| 3 Month Average | 631.689 % | £63,168 | £73,168 |
| 6 Month Average | 611.175 % | £61,117 | £71,117 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Mar 2024 | £127,500 | £127,500 | 18 CHEDDAR STREET |
| 19 Dec 2023 | £120,000 | £117,900 | 8 PINNINGTON ROAD |
| 29 Sep 2023 | £165,111 | £163,000 | 11 PINNINGTON ROAD |
| 11 Sep 2023 | £131,684 | £130,000 | 33 AZALEA AVENUE |
| 9 Aug 2023 | £112,988 | £112,000 | 47 PINNINGTON ROAD |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 28 Jan 2016. Using an estimated price of £42,923 means this house is valued at £703 per sq meter (£65 per sq foot).
The average size of a house on WALNUT STREET is 80 sq meters (863 sq feet).