£119,025
This estimated value is based upon the latest sale price for the house of £86,000 on 4 Dec 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£86,000 | 4 Dec 2015 |
£75,000 | 3 Dec 2010 |
Terraced |
Leasehold |
Floor Area: 69 sq meters or 752 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 2015 the House Price Index for GREATER MANCHESTER was 107.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 38.401%.Applying this 38.401% change to the original purchase price of £86,000 results in an estimated price of approximately £119,025.
4 Dec 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
107.4 | 148.6 | 38.401 % | £86,000 | £33,025 | £119,025 |
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 | 13.910 % | £11,962 | £97,962 |
3 Month Average | 21.414 % | £18,415 | £104,415 |
6 Month Average | 27.333 % | £23,506 | £109,506 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Apr 2023 | £78,849 | £78,000 | 58 WATKIN STREET |
4 Apr 2023 | £101,088 | £100,000 | 89 WATKIN STREET |
3 Mar 2023 | £227,140 | £225,000 | 20 RYELANDS CLOSE |
26 Jan 2023 | £132,376 | £133,000 | 13 CLARENDON STREET |
15 Mar 2022 | £80,828 | £78,000 | 29 LOWER STREET |
This house has a floor area of 69 sq meters or 752 sq feet when measured on 13 Oct 2010. Using an estimated price of £119,025 means this house is valued at £1,701 per sq meter (£158 per sq foot).
The average size of a house on CLARENDON STREET is 75 sq meters (812 sq feet).