£84,140
This estimated value is based upon the latest sale price for the house of £48,000 on 18 Apr 2006. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £48,000 | 18 Apr 2006 |
| £34,000 | 28 Feb 2005 |
| £35,500 | 18 May 2004 |
| £18,000 | 19 Sep 2003 |
| £23,000 | 10 Jul 2000 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 April 2006 the House Price Index for GREATER MANCHESTER was 84.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 75.293%.Applying this 75.293% change to the original purchase price of £48,000 results in an estimated price of approximately £84,140.
| 18 Apr 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.8 | 148.6 | 75.293 % | £48,000 | £36,140 | £84,140 |
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 | 88.155 % | £42,314 | £90,314 |
| 3 Month Average | 103.117 % | £49,496 | £97,496 |
| 6 Month Average | 87.274 % | £41,891 | £89,891 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2023 | £121,554 | £120,000 | 48 GODWIN STREET |
| 8 Sep 2023 | £119,022 | £117,500 | 44 CORRIGAN STREET |
| 28 Jun 2023 | £162,164 | £160,200 | 4 ERNOCROFT GROVE |
| 25 Jul 2022 | £138,372 | £138,000 | 7 FRANKLYN ROAD |
| 22 Jul 2022 | £124,335 | £124,000 | 15 CORRIGAN STREET |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 7 Aug 2018. Using an estimated price of £84,141 means this house is valued at £1,137 per sq meter (£105 per sq foot).
The average size of a house on GATHURST STREET is 89 sq meters (968 sq feet).