£128,644
This estimated value is based upon the latest sale price for the house of £127,000 on 8 Sep 2023. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £127,000 | 8 Sep 2023 |
| £88,000 | 9 Aug 2019 |
| Terraced |
| Leasehold |
| Floor Area: 101 sq meters or 1,087 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 September 2023 the House Price Index for GREATER MANCHESTER was 146.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.295%.Applying this 1.295% change to the original purchase price of £127,000 results in an estimated price of approximately £128,644.
| 8 Sep 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 148.6 | 1.295 % | £127,000 | £1,644 | £128,644 |
The Postcode Pricing Model uses changes in average sales price within the OL16 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 | 103.717 % | £131,720 | £258,720 |
| 3 Month Average | 0.358 % | £454 | £127,454 |
| 6 Month Average | 5.439 % | £6,907 | £133,907 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £91,352 | £90,000 | 15 WATKIN STREET |
| 5 Sep 2023 | £79,010 | £78,000 | LOWER PLACE POST OFFICE, 429 OLDHAM ROAD |
| 21 Apr 2023 | £78,849 | £78,000 | 58 WATKIN STREET |
| 28 Mar 2023 | £99,689 | £98,750 | 4 WATKIN STREET |
| 14 Feb 2023 | £130,912 | £131,000 | 32 COUNT STREET |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 20 Feb 2019.
The average size of a house on WATKIN STREET is 77 sq meters (831 sq feet).