£37,593
This estimated value is based upon the latest sale price for the house of £21,000 on 6 Feb 2006. 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 |
|---|---|
| £21,000 | 6 Feb 2006 |
| £26,000 | 29 Sep 1995 |
| Terraced |
| Leasehold |
| Floor Area: 114 sq meters or 1,227 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 2006 the House Price Index for GREATER MANCHESTER was 83.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 79.018%.Applying this 79.018% change to the original purchase price of £21,000 results in an estimated price of approximately £37,593.
| 6 Feb 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.6 | 149.7 | 79.018 % | £21,000 | £16,593 | £37,593 |
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 | 131.401 % | £27,594 | £48,594 |
| 3 Month Average | 87.311 % | £18,335 | £39,335 |
| 6 Month Average | 72.327 % | £15,188 | £36,188 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Oct 2023 | £86,975 | £85,000 | 36 BERWICK STREET |
| 17 Mar 2023 | £81,359 | £80,000 | 35 STAMFORD STREET |
| 11 Jun 2021 | £73,499 | £68,000 | 34 MOSS STREET |
| 6 Nov 2020 | £79,420 | £68,000 | 16 STAMFORD STREET |
| 12 Oct 2020 | £89,814 | £76,000 | 2 SPRUCE STREET |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 20 May 2015. Using an estimated price of £37,594 means this house is valued at £329 per sq meter (£30 per sq foot).
The average size of a house on MILNROW ROAD is 96 sq meters (1,043 sq feet).