£134,225
This estimated value is based upon the latest sale price for the house of £76,000 on 20 Mar 2006. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£76,000 | 20 Mar 2006 |
£31,500 | 26 Oct 2001 |
Terraced |
Leasehold |
Floor Area: 96 sq meters or 1,033 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 March 2006 the House Price Index for GREATER MANCHESTER was 84.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 76.613%.Applying this 76.613% change to the original purchase price of £76,000 results in an estimated price of approximately £134,225.
20 Mar 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
84.1 | 148.6 | 76.613 % | £76,000 | £58,225 | £134,225 |
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 | 199.432 % | £151,568 | £227,568 |
3 Month Average | 60.352 % | £45,867 | £121,867 |
6 Month Average | 72.008 % | £54,726 | £130,726 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Aug 2023 | £95,838 | £95,000 | 11 MORLEY STREET |
23 Jun 2023 | £70,858 | £70,000 | 12 HECTOR AVENUE |
28 Apr 2023 | £80,871 | £80,000 | 37 SELBY STREET |
31 Mar 2023 | £454,280 | £450,000 | HEYBROOK SERVICE STATION YORKSHIRE STREET |
7 Mar 2023 | £90,856 | £90,000 | 17 OSWALD STREET |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 12 Apr 2016. Using an estimated price of £134,226 means this house is valued at £1,398 per sq meter (£129 per sq foot).
The average size of a house on MORLEY STREET is 85 sq meters (924 sq feet).
This house is the largest in the street with a floor area of 96 sq meters (1,033 sq feet).