£147,246
This estimated value is based upon the latest sale price for the house of £84,000 on 6 Apr 2006. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £84,000 | 6 Apr 2006 |
| £60,000 | 5 Jan 2006 |
| Terraced |
| Freehold |
| Floor Area: 64 sq meters or 690 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 April 2006 the House Price Index for GREATER MANCHESTER was 84.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 75.293%.Applying this 75.293% change to the original purchase price of £84,000 results in an estimated price of approximately £147,246.
| 6 Apr 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.8 | 148.6 | 75.293 % | £84,000 | £63,246 | £147,246 |
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 | 49.712 % | £41,757 | £125,757 |
| 3 Month Average | 60.300 % | £50,651 | £134,651 |
| 6 Month Average | 62.175 % | £52,226 | £136,226 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £187,524 | £185,000 | 1 LADYSMITH STREET |
| 24 Mar 2023 | £137,798 | £136,500 | 24 KIMBERLEY STREET |
| 21 Mar 2023 | £166,569 | £165,000 | 23 LADYSMITH STREET |
| 13 Feb 2023 | £119,919 | £120,000 | 60 MEDWAY ROAD |
| 10 Feb 2023 | £219,852 | £220,000 | 8 MULMOUNT CLOSE |
This house has a floor area of 64 sq meters or 690 sq feet when measured on 4 Jun 2010. Using an estimated price of £147,246 means this house is valued at £2,294 per sq meter (£213 per sq foot).
The average size of a house on MAFEKING STREET is 125 sq meters (1,351 sq feet).
This house is the smallest in the street with a floor area of 64 sq meters (690 sq feet).