£136,257
This estimated value is based upon the latest sale price for the house of £80,000 on 12 Feb 2010. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £80,000 | 12 Feb 2010 |
| Semi-Detached |
| Leasehold |
| Floor Area: 114 sq meters or 1,227 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 2010 the House Price Index for GREATER MANCHESTER was 87.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.322%.Applying this 70.322% change to the original purchase price of £80,000 results in an estimated price of approximately £136,257.
| 12 Feb 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 148.6 | 70.322 % | £80,000 | £56,257 | £136,257 |
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 | 15.508 % | £12,406 | £92,406 |
| 3 Month Average | 33.519 % | £26,815 | £106,815 |
| 6 Month Average | 36.259 % | £29,007 | £109,007 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £166,456 | £165,000 | 1 SCHOOL ROAD |
| 4 Aug 2023 | £167,969 | £166,500 | 38 CARNARVON STREET |
| 24 Apr 2023 | £150,383 | £148,764 | 15 SCHOOL ROAD |
| 30 Nov 2022 | £98,803 | £100,000 | 841 HOLLINS ROAD |
| 5 May 2022 | £224,225 | £220,000 | 58 MONTGOMERY STREET |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 17 Jun 2015. Using an estimated price of £136,258 means this house is valued at £1,195 per sq meter (£111 per sq foot).
The average size of a house on CARNARVON STREET is 105 sq meters (1,140 sq feet).