£78,848
This estimated value is based upon the latest sale price for the house of £78,000 on 21 Apr 2023. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £78,000 | 21 Apr 2023 |
| £59,000 | 28 Jul 2016 |
| £25,000 | 30 Jul 1999 |
| £27,000 | 25 Oct 1996 |
| Terraced |
| Leasehold |
| Floor Area: 90 sq meters or 968 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 April 2023 the House Price Index for GREATER MANCHESTER was 147.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.088%.Applying this 1.088% change to the original purchase price of £78,000 results in an estimated price of approximately £78,848.
| 21 Apr 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 148.6 | 1.088 % | £78,000 | £848 | £78,848 |
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 | -19.932 % | £-15,547 | £62,452 |
| 3 Month Average | -11.512 % | £-8,979 | £69,020 |
| 6 Month Average | -8.800 % | £-6,864 | £71,135 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £91,352 | £90,000 | 15 WATKIN STREET |
| 21 Apr 2023 | £78,849 | £78,000 | 58 WATKIN STREET |
| 4 Apr 2023 | £101,088 | £100,000 | 89 WATKIN STREET |
| 28 Mar 2023 | £99,689 | £98,750 | 4 WATKIN STREET |
| 26 Jan 2023 | £132,376 | £133,000 | 13 CLARENDON STREET |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 10 Jun 2014. Using an estimated price of £78,849 means this house is valued at £876 per sq meter (£81 per sq foot).
The average size of a house on WATKIN STREET is 77 sq meters (831 sq feet).