£110,641
This estimated value is based upon the latest sale price for the house of £65,000 on 6 Jul 2012. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £65,000 | 6 Jul 2012 |
| £39,000 | 18 Jul 2003 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 744 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 July 2012 the House Price Index for GREATER MANCHESTER was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.218%.Applying this 70.218% change to the original purchase price of £65,000 results in an estimated price of approximately £110,641.
| 6 Jul 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.218 % | £65,000 | £45,641 | £110,641 |
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 | 13.283 % | £8,634 | £73,634 |
| 3 Month Average | 71.686 % | £46,595 | £111,595 |
| 6 Month Average | 66.947 % | £43,515 | £108,515 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £170,992 | £168,000 | 3 HAMPSON ROAD |
| 10 Feb 2023 | £205,362 | £205,500 | 27 HAMPSON ROAD |
| 18 Nov 2022 | £202,547 | £205,000 | 18 PROSPECT ROAD |
| 22 Jul 2022 | £180,486 | £180,000 | 309 KINGS ROAD |
| 17 Jun 2022 | £50,717 | £50,000 | 16 HURST GROVE |
This house has a floor area of 69 sq meters or 744 sq feet when measured on 18 Jan 2012. Using an estimated price of £110,642 means this house is valued at £1,598 per sq meter (£148 per sq foot).
The average size of a house on KINGS ROAD is 82 sq meters (883 sq feet).