£4,804
This estimated value is based upon the latest sale price for the house of £3,450 on 18 Nov 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£3,450 | 18 Nov 2015 |
£190,000 | 5 Jan 2012 |
£122,500 | 27 Sep 2002 |
Freehold |
Floor Area: 178 sq meters or 1,925 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 November 2015 the House Price Index for GREATER MANCHESTER was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £3,450 results in an estimated price of approximately £4,804.
18 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
106.7 | 148.6 | 39.258 % | £3,450 | £1,354 | £4,804 |
The Postcode Pricing Model uses changes in average sales price within the OL10 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 | 87.287 % | £3,011 | £6,461 |
3 Month Average | 35.802 % | £1,235 | £4,685 |
6 Month Average | 58.924 % | £2,032 | £5,482 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Mar 2024 | £163,000 | £163,000 | 3 SMYRNA STREET |
9 Jun 2023 | £197,391 | £195,000 | 3 MARY STREET |
20 Jan 2023 | £139,344 | £140,000 | 13 HOLLY OAK GARDENS |
12 Aug 2022 | £169,544 | £170,000 | 15 MARY STREET |
1 Jun 2022 | £167,365 | £165,000 | 11 HOLLY OAK GARDENS |
This house has a floor area of 178 sq meters or 1,925 sq feet when measured on 22 May 2009. Using an estimated price of £4,804 means this house is valued at £26 per sq meter (£2 per sq foot).
The average size of a house on HILL STREET is 130 sq meters (1,405 sq feet).
This house is the largest in the street with a floor area of 178 sq meters (1,925 sq feet).