£218,679
This estimated value is based upon the latest sale price for the house of £129,950 on 22 Aug 2008. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £129,950 | 22 Aug 2008 |
| £90,000 | 23 Nov 2005 |
| £50,000 | 8 Jul 2003 |
| Terraced |
| Leasehold |
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 2008 the House Price Index for GREATER MANCHESTER was 88.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 68.280%.Applying this 68.280% change to the original purchase price of £129,950 results in an estimated price of approximately £218,679.
| 22 Aug 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.3 | 148.6 | 68.280 % | £129,950 | £88,729 | £218,679 |
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 | 51.473 % | £66,889 | £196,839 |
| 3 Month Average | 75.324 % | £97,883 | £227,833 |
| 6 Month Average | 65.786 % | £85,489 | £215,439 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £132,697 | £131,000 | 25 GRATRIX STREET |
| 25 Nov 2022 | £240,092 | £243,000 | 36 FAR LANE |
| 22 Jul 2022 | £165,445 | £165,000 | 34 LINDETH AVENUE |
| 31 May 2022 | £157,977 | £155,000 | 16 KIRKMAN CLOSE |
| 6 Jan 2022 | £112,608 | £107,000 | 37 KIRK STREET |