£105,780
This estimated value is based upon the latest sale price for the house of £86,250 on 4 Nov 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £86,250 | 4 Nov 2019 |
| £28,500 | 23 Jun 2000 |
| Terraced |
| Leasehold |
| Floor Area: 69 sq meters or 742 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 2019 the House Price Index for GREATER MANCHESTER was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £86,250 results in an estimated price of approximately £105,780.
| 4 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £86,250 | £19,530 | £105,780 |
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 | -47.355 % | £-40,843 | £45,406 |
| 3 Month Average | 19.080 % | £16,456 | £102,706 |
| 6 Month Average | 23.463 % | £20,237 | £106,487 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £157,760 | £155,000 | 245 WHITEACRE ROAD |
| 19 Jun 2023 | £111,349 | £110,000 | 98 STANHOPE STREET |
| 6 Feb 2023 | £84,943 | £85,000 | 122 ALEXANDRA STREET |
| 24 Jun 2022 | £133,892 | £132,000 | 106 STANHOPE STREET |
| 5 Apr 2022 | £99,891 | £97,000 | 5 ARLIES STREET |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 4 Jul 2020. Using an estimated price of £105,781 means this house is valued at £1,533 per sq meter (£142 per sq foot).
The average size of a house on WHITEACRE ROAD is 74 sq meters (800 sq feet).