£130,309
This estimated value is based upon the latest sale price for the house of £125,750 on 25 Mar 2022. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £125,750 | 25 Mar 2022 |
| £81,000 | 16 Feb 2018 |
| £27,000 | 2 Feb 1996 |
| Semi-Detached |
| Leasehold |
| Floor Area: 85 sq meters or 914 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 2022 the House Price Index for GREATER MANCHESTER was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £125,750 results in an estimated price of approximately £130,309.
| 25 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.6 | 3.626 % | £125,750 | £4,559 | £130,309 |
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 | -20.595 % | £-25,898 | £99,851 |
| 3 Month Average | 8.484 % | £10,668 | £136,418 |
| 6 Month Average | 6.671 % | £8,388 | £134,138 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £131,652 | £130,500 | 25 RANDOLPH STREET |
| 9 Jun 2023 | £116,410 | £115,000 | 4 CUMMINGS STREET |
| 24 Mar 2023 | £129,217 | £128,000 | 684 HOLLINS ROAD |
| 8 Mar 2023 | £141,332 | £140,000 | 5 LYNTON AVENUE |
| 27 Feb 2023 | £80,946 | £81,000 | 9 CUMMINGS STREET |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 9 Jul 2014. Using an estimated price of £130,310 means this house is valued at £1,533 per sq meter (£142 per sq foot).
The average size of a house on HOLLINS ROAD is 79 sq meters (857 sq feet).