£109,680
This estimated value is based upon the latest sale price for the house of £58,500 on 28 Apr 2005. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£58,500 | 28 Apr 2005 |
Terraced |
Leasehold |
Floor Area: 70 sq meters or 753 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 April 2005 the House Price Index for GREATER MANCHESTER was 79.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 87.488%.Applying this 87.488% change to the original purchase price of £58,500 results in an estimated price of approximately £109,680.
28 Apr 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
79.8 | 149.7 | 87.488 % | £58,500 | £51,180 | £109,680 |
The Postcode Pricing Model uses changes in average sales price within the WN7 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 | 42.176 % | £24,672 | £83,172 |
3 Month Average | 84.559 % | £49,466 | £107,966 |
6 Month Average | 81.001 % | £47,385 | £105,885 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Nov 2023 | £65,667 | £64,000 | 129 OXFORD STREET |
10 Nov 2023 | £97,474 | £95,000 | 119 OXFORD STREET |
10 Nov 2023 | £104,657 | £102,000 | 109 OXFORD STREET |
13 Oct 2023 | £199,532 | £195,000 | 233 HOPE STREET |
30 Jun 2023 | £132,607 | £129,950 | 211 HOPE STREET |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 5 Apr 2018. Using an estimated price of £109,680 means this house is valued at £1,566 per sq meter (£145 per sq foot).
The average size of a house on HOPE STREET is 79 sq meters (854 sq feet).