£126,682
This estimated value is based upon the latest sale price for the house of £80,000 on 21 Feb 2014. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £80,000 | 21 Feb 2014 |
| Terraced |
| Freehold |
| Floor Area: 126 sq meters or 1,356 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 February 2014 the House Price Index for GREATER MANCHESTER was 93.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.353%.Applying this 58.353% change to the original purchase price of £80,000 results in an estimated price of approximately £126,682.
| 21 Feb 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 148.6 | 58.353 % | £80,000 | £46,682 | £126,682 |
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 | 37.666 % | £30,132 | £110,132 |
| 3 Month Average | 42.292 % | £33,833 | £113,833 |
| 6 Month Average | 49.478 % | £39,582 | £119,582 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £110,638 | £109,000 | 90 PRINCE STREET |
| 18 Aug 2023 | £110,971 | £110,000 | 110 PRINCE STREET |
| 11 Aug 2023 | £124,086 | £123,000 | 9 MOSS MILL STREET |
| 9 Jan 2023 | £106,498 | £107,000 | 62 CROWN STREET |
| 30 Nov 2022 | £79,043 | £80,000 | 99 PRINCE STREET |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 22 May 2017. Using an estimated price of £126,682 means this house is valued at £1,005 per sq meter (£93 per sq foot).
The average size of a house on ROYDS STREET is 75 sq meters (815 sq feet).