£94,530
This estimated value is based upon the latest sale price for the house of £61,500 on 26 Jun 2014. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£61,500 | 26 Jun 2014 |
£33,950 | 18 May 2001 |
£25,000 | 10 Nov 1998 |
Terraced |
Freehold |
Floor Area: 79 sq meters or 850 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 2014 the House Price Index for GREATER MANCHESTER was 96.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 53.707%.Applying this 53.707% change to the original purchase price of £61,500 results in an estimated price of approximately £94,530.
26 Jun 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
96.7 | 148.6 | 53.707 % | £61,500 | £33,030 | £94,530 |
The Postcode Pricing Model uses changes in average sales price within the OL6 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 | 68.866 % | £42,352 | £103,852 |
3 Month Average | 42.412 % | £26,083 | £87,583 |
6 Month Average | 55.429 % | £34,088 | £95,588 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Dec 2023 | £295,164 | £290,000 | 41 MOSSLEY ROAD |
14 Nov 2023 | £266,445 | £262,500 | 51 EASON WAY |
11 Aug 2023 | £257,251 | £255,000 | 41 EASON WAY |
30 Jun 2023 | £268,249 | £265,000 | 73 EASON WAY |
26 Jun 2023 | £156,901 | £155,000 | 39 HURST BANK ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 10 Jun 2014. Using an estimated price of £94,530 means this house is valued at £1,196 per sq meter (£111 per sq foot).
The average size of a house on CROMPTON STREET is 77 sq meters (828 sq feet).
This house is the largest in the street with a floor area of 79 sq meters (850 sq feet).