£61,284
This estimated value is based upon the latest sale price for the house of £15,000 on 11 Nov 1999. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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HQ Salford, Clippers Quay, Manchester, M50 3XP
Phone: 01615062781
Price Paid | Date |
---|---|
£15,000 | 11 Nov 1999 |
Terraced |
Freehold |
Floor Area: 82 sq meters or 882 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 1999 the House Price Index for GREATER MANCHESTER was 36.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 308.564%.Applying this 308.564% change to the original purchase price of £15,000 results in an estimated price of approximately £61,284.
11 Nov 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
36.4 | 148.6 | 308.564 % | £15,000 | £46,284 | £61,284 |
The Postcode Pricing Model uses changes in average sales price within the M8 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 | 102.213 % | £15,331 | £30,331 |
3 Month Average | 530.280 % | £79,542 | £94,542 |
6 Month Average | 568.693 % | £85,303 | £100,303 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Jul 2023 | £111,501 | £110,000 | 2 KELVIN GROVE |
20 Mar 2023 | £68,243 | £67,600 | 5 ELMFIELD STREET |
25 Jan 2023 | £49,766 | £50,000 | 30 HUXLEY AVENUE |
2 May 2022 | £103,959 | £102,000 | 3 KELVIN GROVE |
15 Mar 2022 | £75,555 | £72,911 | 13 KELVIN GROVE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 31 Jul 2013. Using an estimated price of £61,285 means this house is valued at £747 per sq meter (£69 per sq foot).
The average size of a house on OAKFIELD STREET is 95 sq meters (1,026 sq feet).