£101,226
This estimated value is based upon the latest sale price for the house of £100,000 on 22 Jun 2023. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £100,000 | 22 Jun 2023 |
| £57,000 | 11 Jun 2007 |
| Terraced |
| Leasehold |
| Floor Area: 69 sq meters or 751 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 June 2023 the House Price Index for GREATER MANCHESTER was 146.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.226%.Applying this 1.226% change to the original purchase price of £100,000 results in an estimated price of approximately £101,226.
| 22 Jun 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.8 | 148.6 | 1.226 % | £100,000 | £1,226 | £101,226 |
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 | -28.279 % | £-28,279 | £71,720 |
| 3 Month Average | -2.458 % | £-2,457 | £97,542 |
| 6 Month Average | -6.747 % | £-6,746 | £93,253 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £133,984 | £132,000 | 44 BRIERLEY STREET |
| 4 Aug 2023 | £95,838 | £95,000 | 31 CROFTON STREET |
| 22 Jun 2023 | £101,226 | £100,000 | 43 CROFTON STREET |
| 15 Jun 2023 | £148,802 | £147,000 | 41 WYNDALE ROAD |
| 20 Jan 2023 | £112,470 | £113,000 | 25 HOLLINS ROAD |
This house has a floor area of 69 sq meters or 751 sq feet when measured on 3 Sep 2009. Using an estimated price of £101,226 means this house is valued at £1,448 per sq meter (£134 per sq foot).
The average size of a house on CROFTON STREET is 81 sq meters (881 sq feet).