£143,343
This estimated value is based upon the latest sale price for the house of £77,000 on 14 Mar 2005. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£77,000 | 14 Mar 2005 |
£16,000 | 29 Aug 2003 |
£16,250 | 15 May 2002 |
£5,000 | 20 Dec 2001 |
£15,000 | 4 Jun 1998 |
Terraced |
Freehold |
Floor Area: 84 sq meters or 904 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 March 2005 the House Price Index for GREATER MANCHESTER was 79.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 86.160%.Applying this 86.160% change to the original purchase price of £77,000 results in an estimated price of approximately £143,343.
14 Mar 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
79.8 | 148.6 | 86.160 % | £77,000 | £66,343 | £143,343 |
The Postcode Pricing Model uses changes in average sales price within the M40 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 | 660.273 % | £508,409 | £585,409 |
3 Month Average | 245.885 % | £189,331 | £266,331 |
6 Month Average | 185.057 % | £142,494 | £219,494 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Dec 2023 | £84,478 | £83,000 | 897 OLDHAM ROAD |
23 Jan 2023 | £114,461 | £115,000 | 10 CEYLON STREET |
10 Mar 2022 | £156,994 | £151,500 | 25 FALLS GREEN AVENUE |
17 Dec 2021 | £187,491 | £175,000 | 10 FALLS GREEN AVENUE |
26 Nov 2021 | £156,820 | £145,000 | 26 FALLS GREEN AVENUE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 26 Sep 2013. Using an estimated price of £143,344 means this house is valued at £1,706 per sq meter (£158 per sq foot).
The average size of a house on OLDHAM ROAD is 100 sq meters (1,082 sq feet).