£131,640
This estimated value is based upon the latest sale price for the house of £100,000 on 27 Jan 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £100,000 | 27 Jan 2017 |
| £75,000 | 26 Mar 2007 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 893 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 January 2017 the House Price Index for GREATER MANCHESTER was 113.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 31.640%.Applying this 31.640% change to the original purchase price of £100,000 results in an estimated price of approximately £131,640.
| 27 Jan 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 149.7 | 31.640 % | £100,000 | £31,640 | £131,640 |
The Postcode Pricing Model uses changes in average sales price within the OL10 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 | 105.263 % | £105,263 | £205,263 |
| 3 Month Average | 73.925 % | £73,924 | £173,924 |
| 6 Month Average | 54.931 % | £54,930 | £154,930 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 May 2024 | £163,000 | £163,000 | 21 UNITY CRESCENT |
| 18 Dec 2023 | £276,496 | £268,000 | 14 WEAVER CLOSE |
| 3 Nov 2023 | £203,157 | £198,000 | 97 ARGYLE STREET |
| 20 Oct 2023 | £186,741 | £182,500 | 25 WEAVER CLOSE |
| 30 Jan 2023 | £142,882 | £142,500 | 5 BALMORAL DRIVE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 19 Nov 2016. Using an estimated price of £131,640 means this house is valued at £1,586 per sq meter (£147 per sq foot).
The average size of a house on ARGYLE STREET is 77 sq meters (839 sq feet).