£76,232
This estimated value is based upon the latest sale price for the house of £62,500 on 24 Jan 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£62,500 | 24 Jan 2020 |
£70,000 | 11 Apr 2016 |
£74,950 | 20 Dec 2007 |
Flats/Maisonettes |
Leasehold |
Floor Area: 40 sq meters or 430 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 January 2020 the House Price Index for GREATER MANCHESTER was 121.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.971%.Applying this 21.971% change to the original purchase price of £62,500 results in an estimated price of approximately £76,232.
24 Jan 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.8 | 148.6 | 21.971 % | £62,500 | £13,732 | £76,232 |
The Postcode Pricing Model uses changes in average sales price within the OL10 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 | 139.814 % | £87,383 | £149,883 |
3 Month Average | 26.184 % | £16,365 | £78,865 |
6 Month Average | 43.712 % | £27,320 | £89,820 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jun 2023 | £89,079 | £88,000 | APARTMENT 1 THE PINES, 20 PINE STREET |
26 Jun 2023 | £73,895 | £73,000 | APARTMENT 15 THE PINES, 18 PINE STREET |
26 Apr 2023 | £33,616 | £33,254 | 40 PINE STREET |
26 Apr 2023 | £33,616 | £33,254 | 21 STANLEY STREET |
14 Apr 2023 | £70,762 | £70,000 | APARTMENT 26 THE PINES, 16 PINE STREET |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 1 Sep 2015. Using an estimated price of £76,232 means this house is valued at £1,905 per sq meter (£177 per sq foot).
The average size of a house on PINE STREET is 57 sq meters (622 sq feet).