£223,127
This estimated value is based upon the latest sale price for the house of £143,150 on 29 Jan 2008. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£143,150 | 29 Jan 2008 |
Semi-Detached |
Leasehold |
Floor Area: 81 sq meters or 871 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 January 2008 the House Price Index for GREATER MANCHESTER was 95.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.870%.Applying this 55.870% change to the original purchase price of £143,150 results in an estimated price of approximately £223,127.
29 Jan 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.3 | 148.6 | 55.870 % | £143,150 | £79,977 | £223,127 |
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 | 30.025 % | £42,981 | £186,131 |
3 Month Average | 27.475 % | £39,330 | £182,480 |
6 Month Average | 32.879 % | £47,066 | £190,216 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Jul 2023 | £103,392 | £102,000 | 241 MILNROW ROAD |
8 Feb 2023 | £89,939 | £90,000 | 33 ROSEFIELD CRESCENT |
5 Jan 2023 | £216,978 | £218,000 | 213 MILNROW ROAD |
2 Aug 2022 | £174,480 | £174,950 | 17 MARGARET AVENUE |
15 Jul 2022 | £94,254 | £94,000 | 23 ROSEFIELD CRESCENT |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 19 Jan 2017. Using an estimated price of £223,127 means this house is valued at £2,754 per sq meter (£255 per sq foot).
The average size of a house on MILNROW ROAD is 96 sq meters (1,043 sq feet).