£138,309
This estimated value is based upon the latest sale price for the house of £125,000 on 25 Oct 2021. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£125,000 | 25 Oct 2021 |
£97,500 | 29 Mar 2019 |
£87,500 | 9 Jan 2004 |
£34,000 | 14 Jun 1996 |
Terraced |
Leasehold |
Floor Area: 64 sq meters or 688 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 October 2021 the House Price Index for GREATER MANCHESTER was 134.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 10.648%.Applying this 10.648% change to the original purchase price of £125,000 results in an estimated price of approximately £138,309.
25 Oct 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
134.3 | 148.6 | 10.648 % | £125,000 | £13,309 | £138,309 |
The Postcode Pricing Model uses changes in average sales price within the OL11 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 | 13.280 % | £16,600 | £141,600 |
3 Month Average | -0.369 % | £-460 | £124,539 |
6 Month Average | 1.409 % | £1,761 | £126,761 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £157,760 | £155,000 | 852 EDENFIELD ROAD |
1 Dec 2023 | £138,422 | £136,000 | 14 STORE STREET |
26 Sep 2023 | £195,500 | £193,000 | 20 ASHBOURNE STREET |
4 Aug 2023 | £112,988 | £112,000 | 17 STORE STREET |
24 Mar 2023 | £183,731 | £182,000 | 15 SHEPHERD STREET |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 14 Dec 2018. Using an estimated price of £138,310 means this house is valued at £2,161 per sq meter (£200 per sq foot).
The average size of a house on INDUSTRY STREET is 73 sq meters (792 sq feet).