£77,825
This estimated value is based upon the latest sale price for the house of £62,800 on 30 Jul 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £62,800 | 30 Jul 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 128 sq meters or 1,377 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 2018 the House Price Index for GREATER MANCHESTER was 119.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.926%.Applying this 23.926% change to the original purchase price of £62,800 results in an estimated price of approximately £77,825.
| 30 Jul 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 148.6 | 23.926 % | £62,800 | £15,025 | £77,825 |
The Postcode Pricing Model uses changes in average sales price within the OL9 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 | -12.372 % | £-7,769 | £55,030 |
| 3 Month Average | 31.240 % | £19,619 | £82,419 |
| 6 Month Average | 43.309 % | £27,198 | £89,998 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Jun 2022 | £202,867 | £200,000 | 22 OSBORNE STREET |
| 6 May 2022 | £127,401 | £125,000 | 31 FEATHERSTALL ROAD NORTH |
| 5 Nov 2021 | £100,581 | £93,000 | 55 STIRLING STREET |
| 18 May 2021 | £113,004 | £100,000 | 112 FEATHERSTALL ROAD NORTH |
| 1 Jun 2020 | £66,606 | £55,000 | 1 PROSPECT ROAD |
This house has a floor area of 128 sq meters or 1,377 sq feet when measured on 12 Jul 2016. Using an estimated price of £77,825 means this house is valued at £608 per sq meter (£56 per sq foot).