£154,068
This estimated value is based upon the latest sale price for the house of £125,000 on 14 Feb 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £125,000 | 14 Feb 2020 |
| £59,000 | 24 Mar 2004 |
| £59,000 | 6 Oct 2003 |
| Terraced |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 £125,000 results in an estimated price of approximately £154,068.
| 14 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £125,000 | £29,068 | £154,068 |
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 | 68.377 % | £85,471 | £210,471 |
| 3 Month Average | 31.890 % | £39,861 | £164,861 |
| 6 Month Average | 20.934 % | £26,167 | £151,167 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jul 2024 | £106,000 | £106,000 | 7 SMITH STREET |
| 17 May 2024 | £125,000 | £125,000 | 32 HINDLEY STREET |
| 17 Apr 2024 | £131,139 | £130,000 | 62 RYECROFT STREET |
| 14 Mar 2024 | £159,450 | £157,000 | 35 MANCHESTER ROAD |
| 6 Oct 2023 | £127,905 | £125,000 | 6 EARLE STREET |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 14 Sep 2021. Using an estimated price of £154,068 means this house is valued at £1,439 per sq meter (£133 per sq foot).
The average size of a house on HINDLEY STREET is 94 sq meters (1,015 sq feet).