£215,433
This estimated value is based upon the latest sale price for the house of £84,950 on 16 Dec 2002. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£84,950 | 16 Dec 2002 |
Terraced |
Freehold |
Floor Area: 111 sq meters or 1,194 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 December 2002 the House Price Index for GREATER MANCHESTER was 58.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 153.600%.Applying this 153.600% change to the original purchase price of £84,950 results in an estimated price of approximately £215,433.
16 Dec 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
58.6 | 148.6 | 153.600 % | £84,950 | £130,483 | £215,433 |
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 | 116.169 % | £98,685 | £183,635 |
3 Month Average | 243.281 % | £206,667 | £291,617 |
6 Month Average | 226.788 % | £192,656 | £277,606 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Sep 2023 | £187,396 | £185,000 | 30 HUTTON AVENUE |
30 Jun 2023 | £175,121 | £173,000 | 38 AUDLEY STREET |
24 Feb 2023 | £158,393 | £158,500 | 35 AUDLEY STREET |
2 Nov 2022 | £225,802 | £228,537 | 57 ARUNDEL STREET |
21 Jun 2022 | £162,294 | £160,000 | 44 AUDLEY STREET |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 10 Dec 2013. Using an estimated price of £215,433 means this house is valued at £1,940 per sq meter (£180 per sq foot).
The average size of a house on ARUNDEL STREET is 93 sq meters (1,004 sq feet).