£35,848
This estimated value is based upon the latest sale price for the house of £12,000 on 15 Apr 2002. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £12,000 | 15 Apr 2002 |
| Terraced |
| Leasehold |
| Floor Area: 67 sq meters or 721 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 2002 the House Price Index for GREATER MANCHESTER was 49.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 198.739%.Applying this 198.739% change to the original purchase price of £12,000 results in an estimated price of approximately £35,848.
| 15 Apr 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 49.7 | 148.6 | 198.739 % | £12,000 | £23,848 | £35,848 |
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 | 237.514 % | £28,501 | £40,501 |
| 3 Month Average | 253.340 % | £30,400 | £42,400 |
| 6 Month Average | 271.819 % | £32,618 | £44,618 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Nov 2022 | £1,600,612 | £1,620,000 | 4 NETHERHEY STREET |
| 8 Jul 2022 | £90,243 | £90,000 | 8 KINGSBRIDGE ROAD |
| 4 Feb 2022 | £167,791 | £160,000 | 33 BROOK LANE |
| 21 Dec 2021 | £83,032 | £77,500 | 8 KENTON STREET |
| 22 Dec 2020 | £44,761 | £39,000 | 19 BROOK LANE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 3 Sep 2014. Using an estimated price of £35,849 means this house is valued at £535 per sq meter (£49 per sq foot).
The average size of a house on KINGSBRIDGE ROAD is 73 sq meters (792 sq feet).