£105,789
This estimated value is based upon the latest sale price for the house of £72,000 on 7 Apr 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £72,000 | 7 Apr 2015 |
| Terraced |
| Freehold |
| 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 April 2015 the House Price Index for GREATER MANCHESTER was 101.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 46.930%.Applying this 46.930% change to the original purchase price of £72,000 results in an estimated price of approximately £105,789.
| 7 Apr 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.1 | 148.6 | 46.930 % | £72,000 | £33,789 | £105,789 |
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 | 31.344 % | £22,567 | £94,567 |
| 3 Month Average | 60.849 % | £43,811 | £115,811 |
| 6 Month Average | 37.617 % | £27,084 | £99,084 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £144,641 | £142,500 | 22 ARMSTRONG HURST CLOSE |
| 22 Sep 2023 | £151,943 | £150,000 | 6 HOWARTH CROSS STREET |
| 21 Apr 2023 | £131,415 | £130,000 | 44 ARMSTRONG HURST CLOSE |
| 19 Apr 2023 | £96,034 | £95,000 | 16 HOWARTH CROSS STREET |
| 14 Apr 2023 | £113,219 | £112,000 | 5 BRICKFIELD STREET |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 5 Mar 2014. Using an estimated price of £105,790 means this house is valued at £1,555 per sq meter (£144 per sq foot).
The average size of a house on BRICKFIELD STREET is 86 sq meters (935 sq feet).