£123,337
This estimated value is based upon the latest sale price for the house of £100,000 on 26 Jul 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £100,000 | 26 Jul 2019 |
| £65,000 | 22 Dec 2003 |
| £26,200 | 24 May 2002 |
| £22,000 | 8 Mar 2002 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 742 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 July 2019 the House Price Index for GREATER MANCHESTER was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £100,000 results in an estimated price of approximately £123,337.
| 26 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £100,000 | £23,337 | £123,337 |
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 | -12.737 % | £-12,737 | £87,262 |
| 3 Month Average | 30.451 % | £30,451 | £130,451 |
| 6 Month Average | 31.055 % | £31,054 | £131,054 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Jul 2023 | £80,078 | £79,000 | 17 KINGS ROAD |
| 27 Jun 2023 | £139,692 | £138,000 | 28 BOARD STREET |
| 2 Jun 2023 | £141,717 | £140,000 | 81 KINGS ROAD |
| 3 Mar 2023 | £146,379 | £145,000 | 15 WATERLOO STREET |
| 10 Feb 2023 | £169,886 | £170,000 | 7 PAVILION DRIVE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 27 Mar 2019. Using an estimated price of £123,337 means this house is valued at £1,787 per sq meter (£166 per sq foot).
The average size of a house on KINGS ROAD is 82 sq meters (883 sq feet).