£220,623
This estimated value is based upon the latest sale price for the house of £120,000 on 6 Jul 2005. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£120,000 | 6 Jul 2005 |
£94,950 | 21 Jun 2004 |
£65,000 | 13 Dec 2001 |
Flats/Maisonettes |
Leasehold |
Floor Area: 83 sq meters or 893 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 July 2005 the House Price Index for GREATER MANCHESTER was 80.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 83.853%.Applying this 83.853% change to the original purchase price of £120,000 results in an estimated price of approximately £220,623.
6 Jul 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
80.8 | 148.6 | 83.853 % | £120,000 | £100,623 | £220,623 |
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 | 9.182 % | £11,017 | £131,017 |
3 Month Average | 38.090 % | £45,708 | £165,708 |
6 Month Average | 50.427 % | £60,512 | £180,512 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Sep 2023 | £126,619 | £125,000 | 70 BRADSHAWGATE |
7 Jul 2023 | £81,091 | £80,000 | 18 GREAT MOOR STREET |
26 Aug 2022 | £69,812 | £70,000 | APARTMENT 307 101 BRADSHAWGATE |
3 Aug 2022 | £144,611 | £145,000 | 87 BRADSHAWGATE |
8 Mar 2022 | £119,170 | £115,000 | FLAT 34 THE OLD SCHOOL ROOMS GREAT MOOR STREET |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 5 Jul 2021. Using an estimated price of £220,623 means this house is valued at £2,658 per sq meter (£246 per sq foot).
The average size of a house on GREAT MOOR STREET is 73 sq meters (792 sq feet).