£100,618
This estimated value is based upon the latest sale price for the house of £60,000 on 3 Nov 2006. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £60,000 | 3 Nov 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 67 sq meters or 721 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 2006 the House Price Index for GREATER MANCHESTER was 88.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.698%.Applying this 67.698% change to the original purchase price of £60,000 results in an estimated price of approximately £100,618.
| 3 Nov 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.6 | 148.6 | 67.698 % | £60,000 | £40,618 | £100,618 |
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 | 60.450 % | £36,270 | £96,270 |
| 3 Month Average | 34.592 % | £20,755 | £80,755 |
| 6 Month Average | 54.917 % | £32,950 | £92,950 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £82,442 | £81,000 | 154 KINGS ROAD |
| 7 Nov 2023 | £131,954 | £130,000 | 138 KINGS ROAD |
| 15 Sep 2023 | £217,785 | £215,000 | 48 CORONATION ROAD |
| 11 Aug 2023 | £197,371 | £195,644 | 225 SMALLSHAW LANE |
| 19 Jun 2023 | £146,778 | £145,000 | 35 CORONATION ROAD |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 10 Nov 2012. Using an estimated price of £100,619 means this house is valued at £1,501 per sq meter (£139 per sq foot).
The average size of a house on SMALLSHAW LANE is 82 sq meters (883 sq feet).