£167,677
This estimated value is based upon the latest sale price for the house of £105,000 on 9 May 2007. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £105,000 | 9 May 2007 |
| £84,000 | 12 May 2006 |
| £84,000 | 12 May 2006 |
| £36,995 | 29 Jan 1997 |
| Terraced |
| Leasehold |
| Floor Area: 131 sq meters or 1,410 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 May 2007 the House Price Index for GREATER MANCHESTER was 93.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.693%.Applying this 59.693% change to the original purchase price of £105,000 results in an estimated price of approximately £167,677.
| 9 May 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.1 | 148.6 | 59.693 % | £105,000 | £62,677 | £167,677 |
The Postcode Pricing Model uses changes in average sales price within the OL7 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 | 69.950 % | £73,447 | £178,447 |
| 3 Month Average | 59.281 % | £62,245 | £167,245 |
| 6 Month Average | 52.351 % | £54,968 | £159,968 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £100,488 | £99,000 | 17 BIRCH STREET |
| 24 Jul 2023 | £93,255 | £92,000 | 10 BIRCH STREET |
| 28 Feb 2023 | £143,404 | £143,500 | 160 OXFORD STREET WEST |
| 10 Aug 2022 | £99,732 | £100,000 | 14A BIRCH STREET |
| 5 Jul 2022 | £119,823 | £119,500 | 164 OXFORD STREET WEST |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 5 Aug 2015. Using an estimated price of £167,677 means this house is valued at £1,279 per sq meter (£118 per sq foot).
The average size of a house on NILE STREET is 80 sq meters (865 sq feet).
This house is the largest in the street with a floor area of 131 sq meters (1,410 sq feet).