£105,608
This estimated value is based upon the latest sale price for the house of £65,000 on 12 Nov 2013. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £65,000 | 12 Nov 2013 |
| Terraced |
| Leasehold |
| Floor Area: 90 sq meters or 968 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 November 2013 the House Price Index for GREATER MANCHESTER was 91.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 62.475%.Applying this 62.475% change to the original purchase price of £65,000 results in an estimated price of approximately £105,608.
| 12 Nov 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.5 | 148.6 | 62.475 % | £65,000 | £40,608 | £105,608 |
The Postcode Pricing Model uses changes in average sales price within the OL16 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 | 179.893 % | £116,930 | £181,930 |
| 3 Month Average | 46.314 % | £30,103 | £95,103 |
| 6 Month Average | 56.123 % | £36,480 | £101,480 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jan 2023 | £54,742 | £55,000 | 165 ROYDS STREET |
| 13 Sep 2022 | £243,037 | £245,000 | 8 LONSDALE AVENUE |
| 17 Jun 2022 | £109,548 | £108,000 | 6 WOODBINE STREET EAST |
| 23 May 2022 | £94,786 | £93,000 | 2 WOODBINE STREET EAST |
| 19 May 2022 | £101,920 | £100,000 | 185 ROYDS STREET |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 17 Aug 2016. Using an estimated price of £105,609 means this house is valued at £1,173 per sq meter (£109 per sq foot).
The average size of a house on ROYDS STREET is 75 sq meters (815 sq feet).