£94,241
This estimated value is based upon the latest sale price for the house of £75,000 on 23 May 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £75,000 | 23 May 2018 |
| £88,500 | 19 Jun 2009 |
| £70,000 | 9 Jul 2008 |
| £24,950 | 15 May 1998 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 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 2018 the House Price Index for GREATER MANCHESTER was 119.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.655%.Applying this 25.655% change to the original purchase price of £75,000 results in an estimated price of approximately £94,241.
| 23 May 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 149.7 | 25.655 % | £75,000 | £19,241 | £94,241 |
The Postcode Pricing Model uses changes in average sales price within the OL10 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 | 69.188 % | £51,891 | £126,891 |
| 3 Month Average | 47.177 % | £35,382 | £110,382 |
| 6 Month Average | 46.502 % | £34,876 | £109,876 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Mar 2024 | £165,543 | £163,000 | 3 SMYRNA STREET |
| 8 Dec 2023 | £165,072 | £160,000 | 1 COVERDALE CLOSE |
| 21 Apr 2023 | £89,677 | £88,000 | 76 COOMASSIE STREET |
| 25 Aug 2022 | £148,695 | £148,000 | 14 SEYMOUR STREET |
| 1 Jun 2022 | £168,604 | £165,000 | 11 HOLLY OAK GARDENS |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 14 Jun 2019. Using an estimated price of £94,241 means this house is valued at £1,327 per sq meter (£123 per sq foot).
The average size of a house on COOMASSIE STREET is 83 sq meters (901 sq feet).