£74,839
This estimated value is based upon the latest sale price for the house of £60,000 on 24 May 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £60,000 | 24 May 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 35 sq meters or 376 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 May 2018 the House Price Index for GREATER MANCHESTER was 119.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.732%.Applying this 24.732% change to the original purchase price of £60,000 results in an estimated price of approximately £74,839.
| 24 May 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 148.6 | 24.732 % | £60,000 | £14,839 | £74,839 |
The Postcode Pricing Model uses changes in average sales price within the OL6 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 | 86.848 % | £52,108 | £112,108 |
| 3 Month Average | 45.231 % | £27,138 | £87,138 |
| 6 Month Average | 42.241 % | £25,344 | £85,344 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £63,333 | £63,333 | APARTMENT 1 156 STAMFORD STREET CENTRAL |
| 15 Dec 2023 | £203,562 | £200,000 | 14 MARKET AVENUE |
| 15 Dec 2023 | £101,781 | £100,000 | 15 MARKET AVENUE |
| 15 Dec 2023 | £203,562 | £200,000 | 20A MARKET AVENUE |
| 16 Nov 2023 | £194,885 | £192,000 | 15 WARRINGTON STREET |
This house has a floor area of 35 sq meters or 376 sq feet when measured on 12 Apr 2018. Using an estimated price of £74,839 means this house is valued at £2,138 per sq meter (£198 per sq foot).
The average size of a house on GREY STREET is 36 sq meters (391 sq feet).