£98,621
This estimated value is based upon the latest sale price for the house of £56,500 on 12 May 2006. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£56,500 | 12 May 2006 |
£25,000 | 10 Apr 2002 |
£15,000 | 6 Jul 2001 |
£16,500 | 10 Jul 1995 |
Terraced |
Freehold |
Floor Area: 62 sq meters or 667 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 2006 the House Price Index for GREATER MANCHESTER was 85.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 74.552%.Applying this 74.552% change to the original purchase price of £56,500 results in an estimated price of approximately £98,621.
12 May 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
85.1 | 148.6 | 74.552 % | £56,500 | £42,121 | £98,621 |
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 | 12.557 % | £7,094 | £63,594 |
3 Month Average | 63.665 % | £35,970 | £92,470 |
6 Month Average | 55.301 % | £31,244 | £87,744 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Nov 2023 | £147,179 | £145,000 | 6 CONNERY CRESCENT |
2 Nov 2023 | £196,408 | £193,500 | 256 KINGS ROAD |
1 Nov 2023 | £101,503 | £100,000 | 12 KENWORTHY AVENUE |
10 Mar 2023 | £70,666 | £70,000 | 171 KINGS ROAD |
28 Jan 2022 | £168,385 | £160,000 | 16 SURREY STREET |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 6 Jul 2016. Using an estimated price of £98,622 means this house is valued at £1,590 per sq meter (£147 per sq foot).
There is one other house on the street which we know the size of, this is 26 CRAVEN STREET it is 62.0