£592,505
This estimated value is based upon the latest sale price for the house of £210,000 on 22 Jul 2002. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £210,000 | 22 Jul 2002 |
| £133,000 | 28 May 1998 |
| Semi-Detached |
| Leasehold |
| Floor Area: 308 sq meters or 3,315 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 2002 the House Price Index for GREATER MANCHESTER was 53.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 182.145%.Applying this 182.145% change to the original purchase price of £210,000 results in an estimated price of approximately £592,505.
| 22 Jul 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 53.1 | 149.7 | 182.145 % | £210,000 | £382,505 | £592,505 |
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 | 207.962 % | £436,720 | £646,720 |
| 3 Month Average | 227.939 % | £478,671 | £688,671 |
| 6 Month Average | 248.582 % | £522,021 | £732,021 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Nov 2023 | £461,720 | £450,000 | 27 KENSINGTON ROAD |
| 4 Aug 2023 | £274,959 | £270,000 | 149 WELLINGTON ROAD |
| 13 Jun 2022 | £306,553 | £300,000 | 190 FREDERICK STREET |
| 1 Jun 2022 | £556,904 | £545,000 | 32 KENSINGTON ROAD |
| 14 Apr 2022 | £160,800 | £155,000 | 3 THE STABLES FREDERICK STREET |
This house has a floor area of 308 sq meters or 3,315 sq feet when measured on 14 Dec 2015. Using an estimated price of £592,505 means this house is valued at £1,923 per sq meter (£178 per sq foot).
The average size of a house on FREDERICK STREET is 160 sq meters (1,729 sq feet).