£96,165
This estimated value is based upon the latest sale price for the house of £75,000 on 9 Mar 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£75,000 | 9 Mar 2017 |
Terraced |
Freehold |
Floor Area: 69 sq meters or 742 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 March 2017 the House Price Index for GREATER MANCHESTER was 114.6.
The House Price Index as of 1 Jan 2024 is 147.0 which is a change of 28.220%.Applying this 28.220% change to the original purchase price of £75,000 results in an estimated price of approximately £96,165.
9 Mar 2017 | 1 Jan 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
114.6 | 147.0 | 28.220 % | £75,000 | £21,165 | £96,165 |
The Postcode Pricing Model uses changes in average sales price within the BL1 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 | 28.104 % | £21,077 | £96,077 |
3 Month Average | 32.500 % | £24,375 | £99,375 |
6 Month Average | 50.092 % | £37,569 | £112,569 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Aug 2023 | £82,141 | £82,700 | 27 EASTBANK STREET |
18 Dec 2020 | £124,889 | £110,000 | 51 BEECH STREET |
4 Sep 2020 | £93,968 | £80,000 | 16 WINDERMERE STREET |
16 Oct 2019 | £849 | £700 | 20 WINDERMERE STREET |
11 Jul 2019 | £854 | £700 | 40 WINDERMERE STREET |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 17 Jan 2017. Using an estimated price of £96,165 means this house is valued at £1,393 per sq meter (£129 per sq foot).
The average size of a house on LENA STREET is 112 sq meters (1,212 sq feet).