£96,708
This estimated value is based upon the latest sale price for the house of £35,000 on 2 Aug 2002. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£35,000 | 2 Aug 2002 |
£33,000 | 19 Jan 2001 |
Terraced |
Leasehold |
Floor Area: 71 sq meters or 765 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 August 2002 the House Price Index for GREATER MANCHESTER was 54.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 176.311%.Applying this 176.311% change to the original purchase price of £35,000 results in an estimated price of approximately £96,708.
2 Aug 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
54.2 | 149.7 | 176.311 % | £35,000 | £61,708 | £96,708 |
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 | 188.056 % | £65,819 | £100,819 |
3 Month Average | 251.558 % | £88,045 | £123,045 |
6 Month Average | 239.193 % | £83,717 | £118,717 |
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 71 sq meters or 765 sq feet when measured on 5 Feb 2010. Using an estimated price of £96,709 means this house is valued at £1,360 per sq meter (£126 per sq foot).
The average size of a house on OXFORD STREET is 72 sq meters (785 sq feet).