£104,443
This estimated value is based upon the latest sale price for the house of £85,000 on 24 Jan 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £85,000 | 24 Jan 2020 |
| £85,000 | 13 Apr 2006 |
| £36,995 | 24 Sep 1999 |
| Terraced |
| Leasehold |
| Floor Area: 73 sq meters or 785 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 2020 the House Price Index for GREATER MANCHESTER was 121.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £85,000 results in an estimated price of approximately £104,443.
| 24 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 149.7 | 22.874 % | £85,000 | £19,443 | £104,443 |
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 | 174.910 % | £148,673 | £233,673 |
| 3 Month Average | 57.236 % | £48,650 | £133,650 |
| 6 Month Average | 46.023 % | £39,119 | £124,119 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £139,280 | £135,000 | 14 LEVER STREET |
| 19 Dec 2023 | £200,150 | £194,000 | 52 CLITHEROE CLOSE |
| 9 Jun 2023 | £433,691 | £425,000 | 26 HEYWOOD HALL ROAD |
| 2 Jun 2023 | £123,474 | £121,000 | 11 CLAYBANK STREET |
| 23 Mar 2023 | £152,548 | £150,000 | 192 BAMFORD ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 11 Oct 2019. Using an estimated price of £104,443 means this house is valued at £1,430 per sq meter (£132 per sq foot).
The average size of a house on LEVER STREET is 78 sq meters (849 sq feet).