£79,328
This estimated value is based upon the latest sale price for the house of £37,950 on 19 Mar 2004. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £37,950 | 19 Mar 2004 |
| £15,000 | 27 Mar 2001 |
| £14,500 | 24 Sep 1996 |
| Terraced |
| Leasehold |
| Floor Area: 83 sq meters or 893 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 March 2004 the House Price Index for GREATER MANCHESTER was 71.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 109.035%.Applying this 109.035% change to the original purchase price of £37,950 results in an estimated price of approximately £79,328.
| 19 Mar 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 71.1 | 148.6 | 109.035 % | £37,950 | £41,378 | £79,328 |
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 | 166.843 % | £63,317 | £101,267 |
| 3 Month Average | 185.506 % | £70,399 | £108,349 |
| 6 Month Average | 185.634 % | £70,447 | £108,397 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Apr 2023 | £116,252 | £115,000 | 62 KIMBERLEY STREET |
| 24 Mar 2023 | £137,798 | £136,500 | 24 KIMBERLEY STREET |
| 21 Mar 2023 | £166,569 | £165,000 | 23 LADYSMITH STREET |
| 13 Jan 2023 | £103,015 | £103,500 | 567 CHAMBER ROAD |
| 16 May 2022 | £66,248 | £65,000 | 3 KIMBERLEY STREET |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 4 Jun 2014. Using an estimated price of £79,329 means this house is valued at £955 per sq meter (£88 per sq foot).
The average size of a house on CHAMBER ROAD is 115 sq meters (1,244 sq feet).