£157,594
This estimated value is based upon the latest sale price for the house of £118,000 on 22 Jun 2016. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £118,000 | 22 Jun 2016 |
| £105,000 | 30 Nov 2010 |
| £109,000 | 11 Aug 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 June 2016 the House Price Index for GREATER MANCHESTER was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £118,000 results in an estimated price of approximately £157,594.
| 22 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 148.6 | 33.555 % | £118,000 | £39,594 | £157,594 |
The Postcode Pricing Model uses changes in average sales price within the M11 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 | -11.863 % | £-13,997 | £104,002 |
| 3 Month Average | 22.689 % | £26,772 | £144,772 |
| 6 Month Average | 83.649 % | £98,705 | £216,705 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £160,000 | £160,000 | 19 CAPITAL ROAD |
| 7 Jul 2023 | £230,097 | £227,000 | 3 DELAMERE STREET |
| 14 Feb 2023 | £184,876 | £185,000 | 40 DELAMERE STREET |
| 29 Sep 2021 | £271,015 | £251,500 | 12 GRANSMOOR ROAD |
| 30 Nov 2020 | £150,716 | £130,000 | 2 NESTON STREET |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 17 Nov 2010. Using an estimated price of £157,595 means this house is valued at £2,158 per sq meter (£200 per sq foot).
The average size of a house on DELAMERE STREET is 104 sq meters (1,124 sq feet).