£62,935
This estimated value is based upon the latest sale price for the house of £50,000 on 22 Feb 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £50,000 | 22 Feb 2018 |
| £27,000 | 30 Sep 2002 |
| £14,000 | 16 Oct 2000 |
| Terraced |
| 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 February 2018 the House Price Index for GREATER MANCHESTER was 118.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.871%.Applying this 25.871% change to the original purchase price of £50,000 results in an estimated price of approximately £62,935.
| 22 Feb 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 149.7 | 25.871 % | £50,000 | £12,935 | £62,935 |
The Postcode Pricing Model uses changes in average sales price within the WN7 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 | 66.794 % | £33,396 | £83,396 |
| 3 Month Average | 55.660 % | £27,830 | £77,830 |
| 6 Month Average | 63.156 % | £31,577 | £81,577 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £65,667 | £64,000 | 129 OXFORD STREET |
| 10 Nov 2023 | £104,657 | £102,000 | 109 OXFORD STREET |
| 10 Nov 2023 | £97,474 | £95,000 | 119 OXFORD STREET |
| 30 Jun 2023 | £132,607 | £129,950 | 211 HOPE STREET |
| 9 Jun 2023 | £96,943 | £95,000 | 130 OXFORD STREET |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 19 May 2014. Using an estimated price of £62,935 means this house is valued at £740 per sq meter (£68 per sq foot).
The average size of a house on OXFORD STREET is 72 sq meters (785 sq feet).