£80,339
This estimated value is based upon the latest sale price for the house of £70,000 on 4 Dec 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £70,000 | 4 Dec 2020 |
| £12,000 | 27 Aug 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 67 sq meters or 721 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 2020 the House Price Index for GREATER MANCHESTER was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £70,000 results in an estimated price of approximately £80,339.
| 4 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £70,000 | £10,339 | £80,339 |
The Postcode Pricing Model uses changes in average sales price within the OL10 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 | 17.175 % | £12,022 | £82,022 |
| 3 Month Average | 12.620 % | £8,834 | £78,834 |
| 6 Month Average | 21.995 % | £15,396 | £85,396 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £193,384 | £190,000 | 37 KING STREET |
| 1 Sep 2023 | £121,554 | £120,000 | FLAT 7 74 MANCHESTER STREET |
| 17 Mar 2023 | £116,094 | £115,000 | 66 CHURCH STREET |
| 10 Nov 2022 | £592,819 | £600,000 | NEW JERUSALEM CHURCH HORNBY STREET |
| 9 Jun 2022 | £136,935 | £135,000 | 85 KING STREET |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 17 Sep 2020. Using an estimated price of £80,340 means this house is valued at £1,199 per sq meter (£111 per sq foot).