£173,775
This estimated value is based upon the latest sale price for the house of £35,500 on 17 Dec 1997. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £35,500 | 17 Dec 1997 |
| Terraced |
| Leasehold |
| Floor Area: 52 sq meters or 559 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 1997 the House Price Index for GREATER MANCHESTER was 30.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 389.509%.Applying this 389.509% change to the original purchase price of £35,500 results in an estimated price of approximately £173,775.
| 17 Dec 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.4 | 148.6 | 389.509 % | £35,500 | £138,275 | £173,775 |
The Postcode Pricing Model uses changes in average sales price within the OL1 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 | 613.068 % | £217,639 | £253,139 |
| 3 Month Average | 325.565 % | £115,575 | £151,075 |
| 6 Month Average | 294.427 % | £104,521 | £140,021 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £124,173 | £122,000 | 23 PRINCE GEORGE STREET |
| 6 Dec 2023 | £137,404 | £135,000 | 4 KESTON ROAD |
| 22 Sep 2023 | £126,619 | £125,000 | 13 PRINCE GEORGE STREET |
| 7 Aug 2023 | £306,683 | £304,000 | 26 VULCAN STREET |
| 4 Aug 2023 | £129,130 | £128,000 | 179 RIPPONDEN ROAD |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 11 Mar 2015. Using an estimated price of £173,776 means this house is valued at £3,341 per sq meter (£310 per sq foot).
The average size of a house on PRINCE GEORGE STREET is 81 sq meters (874 sq feet).
This house is the smallest in the street with a floor area of 52 sq meters (559 sq feet).