£57,598
This estimated value is based upon the latest sale price for the house of £21,000 on 23 Aug 2002. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £21,000 | 23 Aug 2002 |
| £27,250 | 3 Oct 1997 |
| £17,000 | 20 Jun 1996 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 711 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 2002 the House Price Index for GREATER MANCHESTER was 54.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 174.280%.Applying this 174.280% change to the original purchase price of £21,000 results in an estimated price of approximately £57,598.
| 23 Aug 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 54.2 | 148.6 | 174.280 % | £21,000 | £36,598 | £57,598 |
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 | 453.691 % | £95,275 | £116,275 |
| 3 Month Average | 284.620 % | £59,770 | £80,770 |
| 6 Month Average | 355.434 % | £74,641 | £95,641 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £159,649 | £157,500 | 45 RATCLIFFE STREET |
| 14 Jul 2023 | £247,075 | £243,750 | 58 CROMWELL GROVE |
| 6 Mar 2023 | £183,731 | £182,000 | 49 RATCLIFFE STREET |
| 3 Feb 2023 | £184,876 | £185,000 | 4 WETHERALL STREET |
| 13 May 2022 | £152,881 | £150,000 | 44 WETHERALL STREET |
This house has a floor area of 66 sq meters or 711 sq feet when measured on 26 Mar 2009. Using an estimated price of £57,599 means this house is valued at £871 per sq meter (£80 per sq foot).
The average size of a house on ROSTRON STREET is 75 sq meters (811 sq feet).