£141,688
This estimated value is based upon the latest sale price for the house of £117,000 on 1 Jun 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £117,000 | 1 Jun 2020 |
| £42,000 | 29 Apr 2015 |
| Terraced |
| Freehold |
| Floor Area: 92 sq meters or 990 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 2020 the House Price Index for GREATER MANCHESTER was 122.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.102%.Applying this 21.102% change to the original purchase price of £117,000 results in an estimated price of approximately £141,688.
| 1 Jun 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 148.6 | 21.102 % | £117,000 | £24,688 | £141,688 |
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 | 51.238 % | £59,948 | £176,948 |
| 3 Month Average | 53.197 % | £62,240 | £179,240 |
| 6 Month Average | 31.338 % | £36,665 | £153,665 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Sep 2022 | £99,199 | £100,000 | 68 MADISON STREET |
| 2 Aug 2022 | £119,678 | £120,000 | 171 VINE STREET |
| 7 Jun 2022 | £81,147 | £80,000 | 22 MADISON STREET |
| 17 May 2022 | £132,497 | £130,000 | 50 MADISON STREET |
| 7 Dec 2021 | £107,138 | £100,000 | 39 MADISON STREET |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 28 Nov 2013. Using an estimated price of £141,689 means this house is valued at £1,540 per sq meter (£143 per sq foot).
The average size of a house on SANDOWN STREET is 89 sq meters (958 sq feet).