£98,952
This estimated value is based upon the latest sale price for the house of £80,000 on 31 Aug 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £80,000 | 31 Aug 2018 |
| Semi-Detached |
| Leasehold |
| Floor Area: 81 sq meters or 871 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 August 2018 the House Price Index for GREATER MANCHESTER was 120.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £80,000 results in an estimated price of approximately £98,952.
| 31 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.6 | 23.690 % | £80,000 | £18,952 | £98,952 |
The Postcode Pricing Model uses changes in average sales price within the OL16 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 | 172.211 % | £137,768 | £217,768 |
| 3 Month Average | 31.505 % | £25,203 | £105,203 |
| 6 Month Average | 41.195 % | £32,955 | £112,955 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £124,086 | £123,000 | 9 MOSS MILL STREET |
| 1 Jun 2023 | £95,659 | £94,500 | 15 PRINCE STREET |
| 7 Jan 2022 | £110,503 | £105,000 | 11 CROWN STREET |
| 24 Sep 2021 | £82,107 | £76,195 | 11 MOSS MILL STREET |
| 5 Sep 2021 | £77,587 | £72,000 | 18 MOSS MILL STREET |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 25 Jul 2018. Using an estimated price of £98,952 means this house is valued at £1,221 per sq meter (£113 per sq foot).
There is one other house on the street which we know the size of, this is 20 WOODBINE STREET it is 77.52