£88,814
This estimated value is based upon the latest sale price for the house of £87,500 on 14 Nov 2023. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£87,500 | 14 Nov 2023 |
£105,000 | 1 Feb 2008 |
Flats/Maisonettes |
Leasehold |
Floor Area: 52 sq meters or 563 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 November 2023 the House Price Index for GREATER MANCHESTER was 146.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.503%.Applying this 1.503% change to the original purchase price of £87,500 results in an estimated price of approximately £88,814.
14 Nov 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.4 | 148.6 | 1.503 % | £87,500 | £1,314 | £88,814 |
The Postcode Pricing Model uses changes in average sales price within the BL8 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 | -16.997 % | £-14,872 | £72,627 |
3 Month Average | -17.675 % | £-15,465 | £72,034 |
6 Month Average | -12.280 % | £-10,744 | £76,755 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Mar 2024 | £88,000 | £88,000 | 1 DALE STREET |
14 Nov 2023 | £88,815 | £87,500 | 4 DALE STREET |
10 Nov 2023 | £86,277 | £85,000 | 6 DALE STREET |
31 Aug 2023 | £174,527 | £173,000 | 174 TOTTINGTON ROAD |
11 Aug 2023 | £179,067 | £177,500 | 18 CORNALL STREET |
This house has a floor area of 52 sq meters or 563 sq feet when measured on 14 Oct 2008. Using an estimated price of £88,815 means this house is valued at £1,695 per sq meter (£157 per sq foot).
The average size of a house on DALE STREET is 57 sq meters (617 sq feet).