£150,986
This estimated value is based upon the latest sale price for the house of £122,500 on 14 Feb 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£122,500 | 14 Feb 2020 |
£129,999 | 31 Mar 2005 |
Flats/Maisonettes |
Leasehold |
Floor Area: 58 sq meters or 633 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 2020 the House Price Index for GREATER MANCHESTER was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £122,500 results in an estimated price of approximately £150,986.
14 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.5 | 149.7 | 23.255 % | £122,500 | £28,486 | £150,986 |
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 | 99.138 % | £121,443 | £243,943 |
3 Month Average | 32.842 % | £40,231 | £162,731 |
6 Month Average | 31.520 % | £38,612 | £161,112 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Dec 2023 | £154,755 | £150,000 | 12 EQUITABLE STREET |
28 Nov 2023 | £241,069 | £234,950 | 55 HARBOUR LANE |
26 Oct 2023 | £112,556 | £110,000 | 64 HARBOUR LANE |
20 Oct 2023 | £306,972 | £300,000 | 18 BEECHFIELD ROAD |
11 Aug 2023 | £142,571 | £140,000 | 4 EQUITABLE STREET |
This house has a floor area of 58 sq meters or 633 sq feet when measured on 12 Sep 2011. Using an estimated price of £150,987 means this house is valued at £2,565 per sq meter (£238 per sq foot).
The average size of a house on HARBOUR LANE is 66 sq meters (716 sq feet).
This house is the smallest in the street with a floor area of 58 sq meters (633 sq feet).