£136,885
This estimated value is based upon the latest sale price for the house of £110,000 on 1 Feb 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£110,000 | 1 Feb 2019 |
£90,775 | 22 Apr 2016 |
£93,000 | 3 Sep 2010 |
£30,500 | 27 Apr 2001 |
£36,000 | 4 Jul 1997 |
£14,250 | 23 Apr 1997 |
Terraced |
Freehold |
Floor Area: 86 sq meters or 925 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 February 2019 the House Price Index for GREATER MANCHESTER was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.441%.Applying this 24.441% change to the original purchase price of £110,000 results in an estimated price of approximately £136,885.
1 Feb 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.441 % | £110,000 | £26,885 | £136,885 |
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 | 77.346 % | £85,080 | £195,080 |
3 Month Average | 27.822 % | £30,604 | £140,604 |
6 Month Average | 31.370 % | £34,507 | £144,507 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 May 2024 | £155,000 | £155,000 | 12 ALBERT STREET |
14 Aug 2023 | £193,490 | £190,000 | 15 HARTFORD AVENUE |
4 Aug 2023 | £144,608 | £142,000 | 16 DERBY STREET |
6 Apr 2023 | £96,811 | £95,000 | 23 ALBERT STREET |
15 Nov 2022 | £246,846 | £248,000 | 38 CHERWELL AVENUE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 31 May 2018. Using an estimated price of £136,885 means this house is valued at £1,591 per sq meter (£147 per sq foot).
The average size of a house on NELLIE STREET is 93 sq meters (1,007 sq feet).