£98,651
This estimated value is based upon the latest sale price for the house of £27,950 on 9 Feb 2001. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £27,950 | 9 Feb 2001 |
| Terraced |
| Leasehold |
| Floor Area: 70 sq meters or 753 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 February 2001 the House Price Index for GREATER MANCHESTER was 42.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 252.958%.Applying this 252.958% change to the original purchase price of £27,950 results in an estimated price of approximately £98,651.
| 9 Feb 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.1 | 148.6 | 252.958 % | £27,950 | £70,701 | £98,651 |
The Postcode Pricing Model uses changes in average sales price within the OL8 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 | 76.076 % | £21,263 | £49,213 |
| 3 Month Average | 335.585 % | £93,796 | £121,746 |
| 6 Month Average | 288.320 % | £80,585 | £108,535 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £104,040 | £102,500 | 8 ARGUS STREET |
| 24 Jul 2023 | £106,432 | £105,000 | 7 ARGUS STREET |
| 28 Apr 2023 | £117,263 | £116,000 | 772 HOLLINS ROAD |
| 15 Nov 2022 | £117,576 | £119,000 | 24 COUNTY STREET |
| 22 Apr 2022 | £97,831 | £95,000 | 748 HOLLINS ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 27 Feb 2016. Using an estimated price of £98,652 means this house is valued at £1,409 per sq meter (£130 per sq foot).
The average size of a house on KNOWL STREET is 85 sq meters (915 sq feet).