£159,866
This estimated value is based upon the latest sale price for the house of £129,734 on 2 Nov 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £129,734 | 2 Nov 2018 |
| Semi-Detached |
| Leasehold |
| Floor Area: 95 sq meters or 1,022 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 2018 the House Price Index for GREATER MANCHESTER was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £129,734 results in an estimated price of approximately £159,866.
| 2 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £129,734 | £30,132 | £159,866 |
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 | 43.467 % | £56,391 | £186,125 |
| 3 Month Average | 34.414 % | £44,646 | £174,380 |
| 6 Month Average | 42.689 % | £55,381 | £185,115 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Mar 2023 | £171,617 | £170,000 | 5 SUGDEN STREET |
| 1 Feb 2023 | £239,839 | £240,000 | 71 MONTAGUE ROAD |
| 26 Jan 2023 | £248,828 | £250,000 | 49 MONTAGUE ROAD |
| 25 Nov 2022 | £113,624 | £115,000 | 9 QUEEN SQUARE |
| 27 Oct 2022 | £191,933 | £194,000 | 18 SUGDEN STREET |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 27 Jul 2015. Using an estimated price of £159,867 means this house is valued at £1,682 per sq meter (£156 per sq foot).