£86,194
This estimated value is based upon the latest sale price for the house of £75,000 on 30 Jul 2021. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £75,000 | 30 Jul 2021 |
| £75,000 | 30 Jul 2021 |
| £150,000 | 12 Sep 2006 |
| £150,000 | 12 Sep 2006 |
| Semi-Detached |
| Leasehold |
| Floor Area: 103 sq meters or 1,108 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 2021 the House Price Index for GREATER MANCHESTER was 129.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.927%.Applying this 14.927% change to the original purchase price of £75,000 results in an estimated price of approximately £86,194.
| 30 Jul 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 148.6 | 14.927 % | £75,000 | £11,194 | £86,194 |
The Postcode Pricing Model uses changes in average sales price within the OL8 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 | -14.714 % | £-11,035 | £63,964 |
| 3 Month Average | 7.040 % | £5,279 | £80,279 |
| 6 Month Average | 20.921 % | £15,690 | £90,690 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £187,780 | £185,000 | 7 THE CROFT |
| 9 Jun 2023 | £106,287 | £105,000 | 114 GREEN LANE |
| 21 Feb 2023 | £349,765 | £350,000 | 20 MIDDLE GATE |
| 20 Jul 2022 | £210,567 | £210,000 | 10 BRAE SIDE |
| 3 May 2022 | £249,705 | £245,000 | 40 MIDDLE GATE |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 6 Jan 2015. Using an estimated price of £86,195 means this house is valued at £836 per sq meter (£77 per sq foot).
The average size of a house on BRAE SIDE is 150 sq meters (1,618 sq feet).
This house is the smallest in the street with a floor area of 103 sq meters (1,108 sq feet).