£1,601,472
This estimated value is based upon the latest sale price for the house of £1,150,000 on 12 Nov 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £1,150,000 | 12 Nov 2015 |
| Freehold |
| Floor Area: 30 sq meters or 322 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 November 2015 the House Price Index for GREATER MANCHESTER was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £1,150,000 results in an estimated price of approximately £1,601,472.
| 12 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 148.6 | 39.258 % | £1,150,000 | £451,472 | £1,601,472 |
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 | -36.005 % | £-414,059 | £735,940 |
| 3 Month Average | 16.339 % | £187,895 | £1,337,895 |
| 6 Month Average | 23.760 % | £273,243 | £1,423,243 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £101,503 | £100,000 | 3 HOLROYD STREET |
| 12 Sep 2023 | £68,881 | £68,000 | 7 HOLROYD STREET |
| 20 Jul 2023 | £1,317,735 | £1,300,000 | 82 - 84 DRAKE STREET |
| 31 Mar 2023 | £97,923 | £97,000 | 114 DRAKE STREET |
| 26 Jan 2023 | £223,945 | £225,000 | HERITAGE CARAVAN PARK WALPOLE STREET |
This house has a floor area of 30 sq meters or 322 sq feet when measured on 10 Apr 2020. Using an estimated price of £1,601,472 means this house is valued at £53,382 per sq meter (£4,959 per sq foot).
The average size of a house on HOLROYD STREET is 85 sq meters (920 sq feet).
This house is the smallest in the street with a floor area of 30 sq meters (322 sq feet).