£81,740
This estimated value is based upon the latest sale price for the house of £48,000 on 7 Sep 2012. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £48,000 | 7 Sep 2012 |
| Terraced |
| Leasehold |
| Floor Area: 68 sq meters or 731 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 September 2012 the House Price Index for GREATER MANCHESTER was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.294%.Applying this 70.294% change to the original purchase price of £48,000 results in an estimated price of approximately £81,740.
| 7 Sep 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.294 % | £48,000 | £33,740 | £81,740 |
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 | 135.415 % | £64,999 | £112,999 |
| 3 Month Average | 68.408 % | £32,836 | £80,836 |
| 6 Month Average | 49.190 % | £23,611 | £71,611 |
| 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 68 sq meters or 731 sq feet when measured on 21 Feb 2015. Using an estimated price of £81,741 means this house is valued at £1,202 per sq meter (£111 per sq foot).
The average size of a house on RIPPONDEN ROAD is 89 sq meters (965 sq feet).