£166,946
This estimated value is based upon the latest sale price for the house of £105,000 on 22 May 2008. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £105,000 | 22 May 2008 |
| £92,630 | 3 Nov 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 61 sq meters or 656 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 May 2008 the House Price Index for GREATER MANCHESTER was 93.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.996%.Applying this 58.996% change to the original purchase price of £105,000 results in an estimated price of approximately £166,946.
| 22 May 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.5 | 148.6 | 58.996 % | £105,000 | £61,946 | £166,946 |
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 | 18.166 % | £19,074 | £124,074 |
| 3 Month Average | 35.150 % | £36,907 | £141,907 |
| 6 Month Average | 27.308 % | £28,673 | £133,673 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jun 2023 | £83,005 | £82,000 | FLAT 7 BYRON HOUSE BYRON STREET |
| 21 Oct 2022 | £168,189 | £170,000 | 6 WREXHAM CLOSE |
| 25 Feb 2022 | £126,892 | £121,000 | 8 LONSDALE ROAD |
| 16 Dec 2021 | £133,922 | £125,000 | 51 INCLINE ROAD |
| 19 Nov 2021 | £110,314 | £102,000 | 55 INCLINE ROAD |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 17 Apr 2018. Using an estimated price of £166,946 means this house is valued at £2,736 per sq meter (£254 per sq foot).
The average size of a house on BYRON STREET is 68 sq meters (740 sq feet).