£111,571
This estimated value is based upon the latest sale price for the house of £88,750 on 20 Dec 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £88,750 | 20 Dec 2017 |
| Leasehold |
| Floor Area: 95 sq meters or 1,032 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 December 2017 the House Price Index for GREATER MANCHESTER was 118.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.714%.Applying this 25.714% change to the original purchase price of £88,750 results in an estimated price of approximately £111,571.
| 20 Dec 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 148.6 | 25.714 % | £88,750 | £22,821 | £111,571 |
The Postcode Pricing Model uses changes in average sales price within the OL8 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 | -45.487 % | £-40,369 | £48,380 |
| 3 Month Average | 40.209 % | £35,685 | £124,435 |
| 6 Month Average | 24.362 % | £21,621 | £110,371 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £167,969 | £166,500 | 38 CARNARVON STREET |
| 1 Aug 2023 | £156,368 | £155,000 | 776 HOLLINS ROAD |
| 28 Apr 2023 | £117,263 | £116,000 | 772 HOLLINS ROAD |
| 24 Aug 2022 | £150,096 | £150,500 | 19 MARGARET STREET |
| 22 Apr 2022 | £41,192 | £40,000 | 820 HOLLINS ROAD |
This house has a floor area of 95 sq meters or 1,032 sq feet when measured on 6 Mar 2009. Using an estimated price of £111,571 means this house is valued at £1,163 per sq meter (£108 per sq foot).
The average size of a house on KNOWL STREET is 85 sq meters (915 sq feet).