£115,297
This estimated value is based upon the latest sale price for the house of £32,376 on 21 Jan 2001. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £32,376 | 21 Jan 2001 |
| Semi-Detached |
| Leasehold |
| Floor Area: 77 sq meters or 834 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 January 2001 the House Price Index for GREATER MANCHESTER was 41.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 256.120%.Applying this 256.120% change to the original purchase price of £32,376 results in an estimated price of approximately £115,297.
| 21 Jan 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 41.7 | 148.6 | 256.120 % | £32,376 | £82,921 | £115,297 |
The Postcode Pricing Model uses changes in average sales price within the OL16 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 | 510.398 % | £165,246 | £197,622 |
| 3 Month Average | 203.667 % | £65,939 | £98,315 |
| 6 Month Average | 224.780 % | £72,774 | £105,150 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Jun 2023 | £95,659 | £94,500 | 15 PRINCE STREET |
| 31 Mar 2023 | £35,333 | £35,000 | 14 OXFORD PLACE |
| 23 Nov 2022 | £692 | £700 | 8 CROWN STREET |
| 7 Jan 2022 | £110,503 | £105,000 | 11 CROWN STREET |
| 19 Jul 2021 | £57,463 | £50,000 | 319 OLDHAM ROAD |
This house has a floor area of 77 sq meters or 834 sq feet when measured on 15 Sep 2011. Using an estimated price of £115,297 means this house is valued at £1,487 per sq meter (£138 per sq foot).
There is one other house on the street which we know the size of, this is 50 WOODBINE STREET it is 81.0