£73,761
This estimated value is based upon the latest sale price for the house of £61,000 on 21 Jul 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £61,000 | 21 Jul 2020 |
| £26,000 | 5 Dec 2003 |
| £17,500 | 26 Mar 1999 |
| Terraced |
| Leasehold |
| Floor Area: 69 sq meters or 742 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 July 2020 the House Price Index for GREATER MANCHESTER was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £61,000 results in an estimated price of approximately £73,761.
| 21 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.6 | 20.920 % | £61,000 | £12,761 | £73,761 |
The Postcode Pricing Model uses changes in average sales price within the OL1 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 | 133.254 % | £81,284 | £142,284 |
| 3 Month Average | 36.810 % | £22,454 | £83,454 |
| 6 Month Average | 29.412 % | £17,941 | £78,941 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £98,458 | £97,000 | 23 STRIDING EDGE WALK |
| 23 Aug 2023 | £95,838 | £95,000 | 44 WHITEHALL STREET |
| 22 Mar 2023 | £100,951 | £100,000 | 29 CHARTER STREET |
| 30 Jan 2023 | £149,297 | £150,000 | 114 EDGE LANE ROAD |
| 23 May 2022 | £112,112 | £110,000 | 145 EDGE LANE ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 16 Feb 2015. Using an estimated price of £73,761 means this house is valued at £1,069 per sq meter (£99 per sq foot).
The average size of a house on EDGE LANE ROAD is 84 sq meters (912 sq feet).