£229,853
This estimated value is based upon the latest sale price for the house of £200,000 on 21 Jul 2021. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £200,000 | 21 Jul 2021 |
| £88,000 | 1 Jul 2005 |
| £30,000 | 29 Apr 2002 |
| £30,000 | 29 Apr 2002 |
| £4,000 | 18 Apr 2001 |
| £4,000 | 18 Apr 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 174 sq meters or 1,872 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 2021 the House Price Index for GREATER MANCHESTER was 129.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.927%.Applying this 14.927% change to the original purchase price of £200,000 results in an estimated price of approximately £229,853.
| 21 Jul 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 148.6 | 14.927 % | £200,000 | £29,853 | £229,853 |
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 | -14.714 % | £-29,427 | £170,572 |
| 3 Month Average | 7.040 % | £14,079 | £214,079 |
| 6 Month Average | 20.921 % | £41,841 | £241,841 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £90,585 | £89,000 | 38 EDITH STREET |
| 6 Sep 2023 | £75,971 | £75,000 | 415 ASHTON ROAD |
| 18 Aug 2023 | £121,059 | £120,000 | 428 ASHTON ROAD |
| 7 Aug 2023 | £98,865 | £98,000 | 31 ETHEL STREET |
| 21 Jul 2023 | £81,091 | £80,000 | 4 DENBIGH STREET |
This house has a floor area of 174 sq meters or 1,872 sq feet when measured on 30 Jul 2014. Using an estimated price of £229,853 means this house is valued at £1,320 per sq meter (£122 per sq foot).
The average size of a house on ASHTON ROAD is 79 sq meters (850 sq feet).
This house is the largest in the street with a floor area of 174 sq meters (1,872 sq feet).