£154,079
This estimated value is based upon the latest sale price for the house of £97,800 on 20 Mar 2008. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £97,800 | 20 Mar 2008 |
| £36,396 | 20 Oct 2006 |
| £22,000 | 10 Aug 2001 |
| Terraced |
| Leasehold |
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 March 2008 the House Price Index for GREATER MANCHESTER was 94.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.546%.Applying this 57.546% change to the original purchase price of £97,800 results in an estimated price of approximately £154,079.
| 20 Mar 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.3 | 148.6 | 57.546 % | £97,800 | £56,279 | £154,079 |
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 | 17.267 % | £16,887 | £114,687 |
| 3 Month Average | 34.681 % | £33,917 | £131,717 |
| 6 Month Average | 32.994 % | £32,267 | £130,067 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £103,392 | £102,000 | 241 MILNROW ROAD |
| 2 Jun 2023 | £116,410 | £115,000 | 7 KENWORTHY STREET |
| 5 Apr 2023 | £90,980 | £90,000 | 281 MILNROW ROAD |
| 10 Jun 2022 | £147,079 | £145,000 | 71 NEWBOLD HALL DRIVE |
| 25 Mar 2022 | £217,615 | £210,000 | 13 NEWBOLD HALL DRIVE |