£108,417
This estimated value is based upon the latest sale price for the house of £86,000 on 10 Nov 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £86,000 | 10 Nov 2017 |
| £97,000 | 7 Jan 2008 |
| £101,000 | 13 Dec 2007 |
| £59,950 | 21 Jul 2004 |
| Terraced |
| Leasehold |
| Floor Area: 57 sq meters or 613 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 November 2017 the House Price Index for GREATER MANCHESTER was 117.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.067%.Applying this 26.067% change to the original purchase price of £86,000 results in an estimated price of approximately £108,417.
| 10 Nov 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 148.6 | 26.067 % | £86,000 | £22,417 | £108,417 |
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 | 25.964 % | £22,329 | £108,329 |
| 3 Month Average | 31.959 % | £27,484 | £113,484 |
| 6 Month Average | 33.138 % | £28,499 | £114,499 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £166,412 | £163,500 | 71 INCLINE ROAD |
| 19 Jun 2023 | £83,005 | £82,000 | FLAT 7 BYRON HOUSE BYRON STREET |
| 24 Aug 2022 | £150,096 | £150,500 | 19 MARGARET STREET |
| 24 Mar 2022 | £139,895 | £135,000 | 37 INCLINE ROAD |
| 25 Feb 2022 | £126,892 | £121,000 | 8 LONSDALE ROAD |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 5 Aug 2016. Using an estimated price of £108,418 means this house is valued at £1,902 per sq meter (£176 per sq foot).
The average size of a house on LONSDALE ROAD is 80 sq meters (866 sq feet).
This house is the smallest in the street with a floor area of 57 sq meters (613 sq feet).