£107,945
This estimated value is based upon the latest sale price for the house of £58,000 on 24 Apr 2009. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£58,000 | 24 Apr 2009 |
Terraced |
Leasehold |
Floor Area: 71 sq meters or 764 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 2009 the House Price Index for GREATER MANCHESTER was 79.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 86.114%.Applying this 86.114% change to the original purchase price of £58,000 results in an estimated price of approximately £107,945.
24 Apr 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
79.8 | 148.6 | 86.114 % | £58,000 | £49,945 | £107,945 |
The Postcode Pricing Model uses changes in average sales price within the OL6 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 | 11.489 % | £6,663 | £64,663 |
3 Month Average | 82.309 % | £47,739 | £105,739 |
6 Month Average | 74.457 % | £43,185 | £101,185 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £129,262 | £127,000 | 140 CURZON ROAD |
28 Sep 2023 | £141,813 | £140,000 | 8 DIAMOND CLOSE |
3 Aug 2023 | £191,677 | £190,000 | 143 CURZON ROAD |
1 Mar 2023 | £125,179 | £124,000 | 235 CURZON ROAD |
17 Feb 2023 | £131,911 | £132,000 | 27 CEDAR STREET |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 12 Dec 2019. Using an estimated price of £107,946 means this house is valued at £1,520 per sq meter (£141 per sq foot).
The average size of a house on CURZON ROAD is 73 sq meters (792 sq feet).