£171,747
This estimated value is based upon the latest sale price for the house of £140,000 on 11 Dec 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £140,000 | 11 Dec 2019 |
| £120,000 | 8 Mar 2013 |
| Terraced |
| Leasehold |
| Floor Area: 98 sq meters or 1,054 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 December 2019 the House Price Index for GREATER MANCHESTER was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £140,000 results in an estimated price of approximately £171,747.
| 11 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.676 % | £140,000 | £31,747 | £171,747 |
The Postcode Pricing Model uses changes in average sales price within the OL8 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 | 23.214 % | £32,499 | £172,499 |
| 3 Month Average | 15.654 % | £21,916 | £161,916 |
| 6 Month Average | 23.028 % | £32,239 | £172,239 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Oct 2021 | £124,446 | £112,470 | 5 COLLEGE ROAD |
| 10 Sep 2021 | £102,371 | £95,000 | 64 HARROW AVENUE |
| 16 Jul 2021 | £241,346 | £210,000 | 283 FREDERICK STREET |
| 29 Oct 2020 | £140,770 | £120,000 | 39 HARROW AVENUE |
| 3 Jul 2020 | £177,753 | £147,000 | 32 GRENDON AVENUE |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 24 Feb 2015. Using an estimated price of £171,747 means this house is valued at £1,752 per sq meter (£162 per sq foot).
The average size of a house on FREDERICK STREET is 160 sq meters (1,729 sq feet).