£88,340
This estimated value is based upon the latest sale price for the house of £70,000 on 24 Oct 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£70,000 | 24 Oct 2017 |
Flats/Maisonettes |
Leasehold |
Floor Area: 36 sq meters or 387 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 October 2017 the House Price Index for GREATER MANCHESTER was 117.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.200%.Applying this 26.200% change to the original purchase price of £70,000 results in an estimated price of approximately £88,340.
24 Oct 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.7 | 148.6 | 26.200 % | £70,000 | £18,340 | £88,340 |
The Postcode Pricing Model uses changes in average sales price within the SK1 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 | -2.477 % | £-1,733 | £68,266 |
3 Month Average | 36.377 % | £25,464 | £95,464 |
6 Month Average | 44.881 % | £31,416 | £101,416 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Apr 2022 | £102,975 | £99,995 | APARTMENT 42 ARCHER HOUSE, 3 JOHN STREET |
14 Apr 2022 | £92,682 | £90,000 | APARTMENT 28 ARCHER HOUSE, 3 JOHN STREET |
10 Sep 2021 | £119,074 | £110,500 | APARTMENT 38 ARCHER HOUSE, 3 JOHN STREET |
14 May 2020 | £1,243,975 | £1,017,000 | INTELLECT HOUSE EDWARD STREET |
31 Jan 2020 | £126,850 | £104,000 | APARTMENT 26 ARCHER HOUSE, 3 JOHN STREET |
This house has a floor area of 36 sq meters or 387 sq feet when measured on 22 Aug 2017. Using an estimated price of £88,340 means this house is valued at £2,453 per sq meter (£227 per sq foot).
The average size of a house on EDWARD STREET is 43 sq meters (469 sq feet).