£195,457
This estimated value is based upon the latest sale price for the house of £107,000 on 19 Sep 2005. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £107,000 | 19 Sep 2005 |
| £99,000 | 12 Nov 2004 |
| £60,000 | 18 Jun 2004 |
| £20,700 | 3 Nov 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 September 2005 the House Price Index for GREATER MANCHESTER was 81.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 82.671%.Applying this 82.671% change to the original purchase price of £107,000 results in an estimated price of approximately £195,457.
| 19 Sep 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.3 | 148.6 | 82.671 % | £107,000 | £88,457 | £195,457 |
The Postcode Pricing Model uses changes in average sales price within the OL6 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 | 2.932 % | £3,137 | £110,137 |
| 3 Month Average | 71.673 % | £76,689 | £183,689 |
| 6 Month Average | 60.548 % | £64,786 | £171,786 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Nov 2023 | £196,408 | £193,500 | 256 KINGS ROAD |
| 1 Nov 2023 | £101,503 | £100,000 | 12 KENWORTHY AVENUE |
| 20 Apr 2022 | £150,351 | £146,000 | 8 ANDERTON GROVE |
| 16 Nov 2021 | £240,096 | £222,000 | 2 BAKERY COURT |
| 25 Aug 2021 | £243,204 | £218,000 | 33 BAKERY COURT |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 12 Jun 2021. Using an estimated price of £195,458 means this house is valued at £2,641 per sq meter (£245 per sq foot).
The average size of a house on QUEENS ROAD is 80 sq meters (861 sq feet).