£146,904
This estimated value is based upon the latest sale price for the house of £40,000 on 8 Sep 2000. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £40,000 | 8 Sep 2000 |
| Terraced |
| Leasehold |
| Floor Area: 132 sq meters or 1,420 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 2000 the House Price Index for GREATER MANCHESTER was 40.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 267.261%.Applying this 267.261% change to the original purchase price of £40,000 results in an estimated price of approximately £146,904.
| 8 Sep 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.5 | 148.6 | 267.261 % | £40,000 | £106,904 | £146,904 |
The Postcode Pricing Model uses changes in average sales price within the OL11 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 | 280.255 % | £112,101 | £152,101 |
| 3 Month Average | 227.980 % | £91,191 | £131,191 |
| 6 Month Average | 219.163 % | £87,665 | £127,665 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2022 | £63,848 | £62,000 | 43 DERBY STREET |
| 6 Nov 2021 | £88,143 | £81,500 | 30 MIDHURST STREET |
| 11 Oct 2021 | £141,629 | £128,000 | 19 IPSWICH STREET |
| 13 Aug 2021 | £105,983 | £95,000 | 13 OVERT STREET |
| 15 Oct 2020 | £164,232 | £140,000 | 10 LETCHWORTH AVENUE |
This house has a floor area of 132 sq meters or 1,420 sq feet when measured on 11 Sep 2015. Using an estimated price of £146,904 means this house is valued at £1,112 per sq meter (£103 per sq foot).
The average size of a house on MILKSTONE ROAD is 131 sq meters (1,410 sq feet).