£121,585
This estimated value is based upon the latest sale price for the house of £66,974 on 21 Dec 2005. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£66,974 | 21 Dec 2005 |
£43,000 | 16 Apr 2004 |
Terraced |
Leasehold |
Floor Area: 61 sq meters or 656 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 2005 the House Price Index for GREATER MANCHESTER was 82.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 81.541%.Applying this 81.541% change to the original purchase price of £66,974 results in an estimated price of approximately £121,585.
21 Dec 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
82.5 | 149.7 | 81.541 % | £66,974 | £54,611 | £121,585 |
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 | 88.176 % | £59,054 | £126,028 |
3 Month Average | 72.841 % | £48,784 | £115,758 |
6 Month Average | 57.881 % | £38,764 | £105,738 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Apr 2024 | £75,657 | £75,000 | 23 CROWN STREET |
5 Mar 2024 | £91,404 | £90,000 | 9 PRINCE STREET |
1 Aug 2023 | £137,480 | £135,000 | 1 CROWN GARDENS |
1 Jun 2023 | £96,433 | £94,500 | 15 PRINCE STREET |
31 Mar 2023 | £35,594 | £35,000 | 14 OXFORD PLACE |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 4 Oct 2016. Using an estimated price of £121,585 means this house is valued at £1,993 per sq meter (£185 per sq foot).
The average size of a house on PRINCE STREET is 81 sq meters (875 sq feet).
This house is the smallest in the street with a floor area of 61 sq meters (656 sq feet).