£130,676
This estimated value is based upon the latest sale price for the house of £102,500 on 21 Jul 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£102,500 | 21 Jul 2017 |
£98,500 | 30 Oct 2015 |
£112,000 | 27 Nov 2007 |
Terraced |
Freehold |
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 July 2017 the House Price Index for GREATER MANCHESTER was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £102,500 results in an estimated price of approximately £130,676.
21 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.6 | 148.6 | 27.489 % | £102,500 | £28,176 | £130,676 |
The Postcode Pricing Model uses changes in average sales price within the OL6 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 | 32.786 % | £33,605 | £136,105 |
3 Month Average | 37.775 % | £38,719 | £141,219 |
6 Month Average | 40.895 % | £41,917 | £144,417 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Sep 2023 | £166,124 | £164,000 | 8 DYSART STREET |
5 Sep 2023 | £174,228 | £172,000 | 20 CORKLAND CLOSE |
13 Apr 2023 | £126,361 | £125,000 | 37 ST JAMES STREET |
11 Nov 2022 | £160,061 | £162,000 | 26 CORKLAND CLOSE |
28 Oct 2022 | £148,402 | £150,000 | 30 CORKLAND STREET |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 12 Nov 2014. Using an estimated price of £130,676 means this house is valued at £2,142 per sq meter (£199 per sq foot).
The average size of a house on CORKLAND CLOSE is 70 sq meters (763 sq feet).