£140,128
This estimated value is based upon the latest sale price for the house of £78,000 on 25 Sep 2009. 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 | 25 Sep 2009 |
| £39,000 | 12 Sep 2003 |
| 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 September 2009 the House Price Index for GREATER MANCHESTER was 83.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 79.652%.Applying this 79.652% change to the original purchase price of £78,000 results in an estimated price of approximately £140,128.
| 25 Sep 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.3 | 149.7 | 79.652 % | £78,000 | £62,128 | £140,128 |
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 | 60.737 % | £47,374 | £125,374 |
| 3 Month Average | 57.891 % | £45,155 | £123,155 |
| 6 Month Average | 49.020 % | £38,235 | £116,235 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £126,545 | £126,545 | 167 RAMSAY STREET |
| 15 Dec 2023 | £128,963 | £125,000 | 196 ENTWISLE ROAD |
| 22 Nov 2023 | £41,042 | £40,000 | 183 RAMSAY STREET |
| 21 Jun 2023 | £102,045 | £100,000 | 159 RAMSAY STREET |
| 15 Jul 2022 | £87,881 | £87,000 | 67 KELLETT STREET |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 11 Mar 2016. Using an estimated price of £140,129 means this house is valued at £1,556 per sq meter (£144 per sq foot).
The average size of a house on ARTHINGTON STREET is 85 sq meters (916 sq feet).