£86,477
This estimated value is based upon the latest sale price for the house of £70,000 on 22 Mar 2019. 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 | 22 Mar 2019 |
| £62,500 | 1 Jul 2005 |
| Terraced |
| Freehold |
| Floor Area: 64 sq meters or 688 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 March 2019 the House Price Index for GREATER MANCHESTER was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.539%.Applying this 23.539% change to the original purchase price of £70,000 results in an estimated price of approximately £86,477.
| 22 Mar 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.539 % | £70,000 | £16,477 | £86,477 |
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 | 98.767 % | £69,136 | £139,136 |
| 3 Month Average | 19.952 % | £13,966 | £83,966 |
| 6 Month Average | 15.336 % | £10,735 | £80,735 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £170,060 | £168,000 | 15 COPPY BRIDGE DRIVE |
| 30 Jan 2023 | £176,668 | £177,500 | 372 ALBERT ROYDS STREET |
| 20 Sep 2022 | £143,838 | £145,000 | 380 ALBERT ROYDS STREET |
| 10 Jun 2022 | £157,222 | £155,000 | 362 ALBERT ROYDS STREET |
| 16 Dec 2021 | £144,636 | £135,000 | 72 MENTMORE ROAD |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 14 Apr 2014. Using an estimated price of £86,477 means this house is valued at £1,351 per sq meter (£125 per sq foot).
The average size of a house on MENTMORE ROAD is 82 sq meters (885 sq feet).