£192,647
This estimated value is based upon the latest sale price for the house of £123,000 on 16 Oct 2007. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£123,000 | 16 Oct 2007 |
£41,115 | 29 Nov 1996 |
Terraced |
Leasehold |
Floor Area: 71 sq meters or 764 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 October 2007 the House Price Index for GREATER MANCHESTER was 95.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.624%.Applying this 56.624% change to the original purchase price of £123,000 results in an estimated price of approximately £192,647.
16 Oct 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.6 | 149.7 | 56.624 % | £123,000 | £69,647 | £192,647 |
The Postcode Pricing Model uses changes in average sales price within the OL12 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 | 90.614 % | £111,455 | £234,455 |
3 Month Average | 62.016 % | £76,279 | £199,279 |
6 Month Average | 59.119 % | £72,716 | £195,716 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Jan 2023 | £155,415 | £155,000 | 23 ROSSALL ROAD |
12 Jul 2022 | £146,468 | £145,000 | 12 ROSSALL ROAD |
21 Apr 2022 | £118,007 | £113,750 | 55 MAUD STREET |
11 Feb 2022 | £147,904 | £140,000 | 64 MAUD STREET |
10 Jan 2022 | £121,923 | £115,000 | 31 MAUD STREET |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 15 Nov 2013. Using an estimated price of £192,648 means this house is valued at £2,713 per sq meter (£252 per sq foot).
The average size of a house on ROSSALL ROAD is 105 sq meters (1,138 sq feet).
This house is the smallest in the street with a floor area of 71 sq meters (764 sq feet).