£69,226
This estimated value is based upon the latest sale price for the house of £55,500 on 30 May 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £55,500 | 30 May 2018 |
| £40,000 | 12 Sep 2014 |
| £67,500 | 12 Mar 2007 |
| £38,950 | 17 Aug 2004 |
| Terraced |
| Leasehold |
| Floor Area: 74 sq meters or 796 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 May 2018 the House Price Index for GREATER MANCHESTER was 119.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.732%.Applying this 24.732% change to the original purchase price of £55,500 results in an estimated price of approximately £69,226.
| 30 May 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 148.6 | 24.732 % | £55,500 | £13,726 | £69,226 |
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 | 24.009 % | £13,325 | £68,825 |
| 3 Month Average | 26.753 % | £14,848 | £70,348 |
| 6 Month Average | 26.460 % | £14,685 | £70,185 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2023 | £91,166 | £90,000 | 16 HATHERSHAW LANE |
| 28 Apr 2023 | £101,088 | £100,000 | 33 ETHEL STREET |
| 24 Feb 2023 | £74,950 | £75,000 | 24 ALTON STREET |
| 19 Oct 2022 | £29,680 | £30,000 | 17 ALTON STREET |
| 24 Jun 2022 | £75,061 | £74,000 | 26 HATHERSHAW LANE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 28 May 2014. Using an estimated price of £69,226 means this house is valued at £935 per sq meter (£86 per sq foot).
The average size of a house on ALTON STREET is 72 sq meters (780 sq feet).