£88,062
This estimated value is based upon the latest sale price for the house of £24,950 on 13 Feb 2001. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£24,950 | 13 Feb 2001 |
Terraced |
Leasehold |
Floor Area: 37 sq meters or 398 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 February 2001 the House Price Index for GREATER MANCHESTER was 42.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 252.958%.Applying this 252.958% change to the original purchase price of £24,950 results in an estimated price of approximately £88,062.
13 Feb 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
42.1 | 148.6 | 252.958 % | £24,950 | £63,112 | £88,062 |
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 | 189.640 % | £47,315 | £72,265 |
3 Month Average | 204.779 % | £51,092 | £76,042 |
6 Month Average | 217.109 % | £54,168 | £79,118 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £136,750 | £136,750 | 1 CROFT STREET |
5 Dec 2023 | £83,460 | £82,000 | 2 HOWARTH GREEN |
30 Nov 2023 | £176,783 | £174,166 | 448 HALIFAX ROAD |
27 Feb 2023 | £150,898 | £151,000 | 473 HALIFAX ROAD |
31 Jan 2023 | £230,912 | £232,000 | 13 WHEELWRIGHT DRIVE |
This house has a floor area of 37 sq meters or 398 sq feet when measured on 23 Sep 2019. Using an estimated price of £88,063 means this house is valued at £2,380 per sq meter (£221 per sq foot).
The average size of a house on HALIFAX ROAD is 91 sq meters (987 sq feet).
This house is the smallest in the street with a floor area of 37 sq meters (398 sq feet).