£168,952
This estimated value is based upon the latest sale price for the house of £99,000 on 23 Jul 2010. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£99,000 | 23 Jul 2010 |
£69,000 | 28 Jan 2009 |
£82,000 | 10 Nov 2003 |
Semi-Detached |
Freehold |
Floor Area: 59 sq meters or 638 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 July 2010 the House Price Index for GREATER MANCHESTER was 87.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.659%.Applying this 70.659% change to the original purchase price of £99,000 results in an estimated price of approximately £168,952.
23 Jul 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.7 | 149.7 | 70.659 % | £99,000 | £69,952 | £168,952 |
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 | 70.589 % | £69,882 | £168,882 |
3 Month Average | 67.710 % | £67,033 | £166,033 |
6 Month Average | 57.845 % | £57,266 | £156,266 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £95,948 | £93,000 | 8 FIELD ROAD |
15 Sep 2023 | £168,719 | £165,000 | 60 KNOWL ROAD |
12 Sep 2023 | £163,607 | £160,000 | 81 WILLOWS LANE |
8 Sep 2023 | £134,975 | £132,000 | 7 FIELD ROAD |
30 Jun 2023 | £147,965 | £145,000 | 50 KNOWL ROAD |
This house has a floor area of 59 sq meters or 638 sq feet when measured on 14 Nov 2008. Using an estimated price of £168,953 means this house is valued at £2,846 per sq meter (£264 per sq foot).
The average size of a house on KNOWL ROAD is 77 sq meters (832 sq feet).