£147,214
This estimated value is based upon the latest sale price for the house of £42,950 on 8 May 2001. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£42,950 | 8 May 2001 |
Terraced |
Leasehold |
Floor Area: 90 sq meters or 968 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 May 2001 the House Price Index for GREATER MANCHESTER was 43.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 242.757%.Applying this 242.757% change to the original purchase price of £42,950 results in an estimated price of approximately £147,214.
8 May 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
43.4 | 148.6 | 242.757 % | £42,950 | £104,264 | £147,214 |
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 | 505.965 % | £217,312 | £260,262 |
3 Month Average | 259.349 % | £111,390 | £154,340 |
6 Month Average | 264.523 % | £113,612 | £156,562 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Jul 2023 | £70,955 | £70,000 | 23 KILBURN STREET |
17 Jul 2023 | £126,705 | £125,000 | 7 KILBURN STREET |
27 Jun 2023 | £126,533 | £125,000 | 11 RAND STREET |
22 Jun 2023 | £105,275 | £104,000 | 254 RIPPONDEN ROAD |
13 Jun 2023 | £75,920 | £75,000 | 333 RIPPONDEN ROAD |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 18 Aug 2014. Using an estimated price of £147,214 means this house is valued at £1,635 per sq meter (£151 per sq foot).
The average size of a house on RIPPONDEN ROAD is 89 sq meters (965 sq feet).