£111,885
This estimated value is based upon the latest sale price for the house of £89,000 on 21 Dec 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £89,000 | 21 Dec 2017 |
| £94,000 | 28 Jul 2006 |
| £31,300 | 16 Mar 1998 |
| Terraced |
| Freehold |
| Floor Area: 63 sq meters or 686 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 2017 the House Price Index for GREATER MANCHESTER was 118.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.714%.Applying this 25.714% change to the original purchase price of £89,000 results in an estimated price of approximately £111,885.
| 21 Dec 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 148.6 | 25.714 % | £89,000 | £22,885 | £111,885 |
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 | -8.635 % | £-7,685 | £81,314 |
| 3 Month Average | 29.882 % | £26,595 | £115,595 |
| 6 Month Average | 30.754 % | £27,371 | £116,371 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £229,396 | £226,000 | 3 PARK CRESCENT |
| 3 Aug 2023 | £108,953 | £108,000 | 8 CORKLAND STREET |
| 6 Jun 2023 | £175,121 | £173,000 | 5 FREDERICK STREET |
| 28 Oct 2022 | £237,443 | £240,000 | 23 FREDERICK STREET |
| 6 Sep 2022 | £138,879 | £140,000 | 52 REYNER STREET |
This house has a floor area of 63 sq meters or 686 sq feet when measured on 11 Aug 2011. Using an estimated price of £111,886 means this house is valued at £1,755 per sq meter (£163 per sq foot).
The average size of a house on REYNER STREET is 75 sq meters (810 sq feet).