£160,551
This estimated value is based upon the latest sale price for the house of £129,950 on 21 Jun 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£129,950 | 21 Jun 2019 |
£84,000 | 21 Feb 2013 |
£50,950 | 17 Sep 1999 |
Semi-Detached |
Leasehold |
Floor Area: 82 sq meters or 887 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 2019 the House Price Index for GREATER MANCHESTER was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.549%.Applying this 23.549% change to the original purchase price of £129,950 results in an estimated price of approximately £160,551.
21 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.6 | 23.549 % | £129,950 | £30,601 | £160,551 |
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 | 205.064 % | £266,480 | £396,430 |
3 Month Average | 23.957 % | £31,132 | £161,082 |
6 Month Average | 41.001 % | £53,280 | £183,230 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Nov 2023 | £154,792 | £152,500 | 2 NURSERY GARDENS |
18 Aug 2023 | £211,853 | £210,000 | 22 SAMSON STREET |
28 Apr 2023 | £197,628 | £195,500 | 39 BELFIELD MILL LANE |
31 Jan 2023 | £77,137 | £77,500 | 18 SAMSON STREET |
1 Aug 2022 | £97,737 | £98,000 | 6 SAMSON STREET |
This house has a floor area of 82 sq meters or 887 sq feet when measured on 6 May 2011. Using an estimated price of £160,552 means this house is valued at £1,947 per sq meter (£180 per sq foot).
The average size of a house on NURSERY GARDENS is 103 sq meters (1,113 sq feet).