£102,902
This estimated value is based upon the latest sale price for the house of £60,000 on 29 Feb 2012. 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 | 29 Feb 2012 |
| £48,000 | 8 Jul 2011 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 51 sq meters or 555 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 February 2012 the House Price Index for GREATER MANCHESTER was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.505%.Applying this 71.505% change to the original purchase price of £60,000 results in an estimated price of approximately £102,902.
| 29 Feb 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.6 | 71.505 % | £60,000 | £42,902 | £102,902 |
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 | 206.671 % | £124,002 | £184,002 |
| 3 Month Average | 54.396 % | £32,637 | £92,637 |
| 6 Month Average | 69.014 % | £41,408 | £101,408 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Dec 2021 | £235,703 | £220,000 | AUTO BATTERY SERVICES LTD SCHOOL LANE |
| 26 Oct 2021 | £99,583 | £90,000 | 9 CATON STREET |
| 22 Sep 2021 | £156,251 | £145,000 | 151 DRAKE STREET |
| 8 Sep 2021 | £79,203 | £73,500 | 25 MOORE STREET |
| 3 Sep 2021 | £173,492 | £161,000 | ATLAS HOUSE, 119 DRAKE STREET |
This house has a floor area of 51 sq meters or 555 sq feet when measured on 4 Aug 2010. Using an estimated price of £102,903 means this house is valued at £1,994 per sq meter (£185 per sq foot).
The average size of a house on CHURCH STILE is 82 sq meters (890 sq feet).