£61,419
This estimated value is based upon the latest sale price for the house of £50,000 on 5 Jul 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £50,000 | 5 Jul 2019 |
| Terraced |
| Leasehold |
| Floor Area: 63 sq meters or 678 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 2019 the House Price Index for GREATER MANCHESTER was 120.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.839%.Applying this 22.839% change to the original purchase price of £50,000 results in an estimated price of approximately £61,419.
| 5 Jul 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.0 | 22.839 % | £50,000 | £11,419 | £61,419 |
The Postcode Pricing Model uses changes in average sales price within the OL8 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 | -29.618 % | £-14,808 | £35,191 |
| 3 Month Average | 28.086 % | £14,042 | £64,042 |
| 6 Month Average | 14.439 % | £7,219 | £57,219 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Jan 2022 | £138,357 | £132,000 | 83 NETHERHEY STREET |
| 5 Jan 2022 | £200,722 | £191,500 | 50 WARREN LANE |
| 7 Dec 2021 | £3,201 | £3,000 | 87 NETHERHEY STREET |
| 3 Dec 2021 | £128,046 | £120,000 | 91 NETHERHEY STREET |
| 3 Sep 2021 | £144,888 | £135,000 | 97 NETHERHEY STREET |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 8 May 2014. Using an estimated price of £61,420 means this house is valued at £974 per sq meter (£90 per sq foot).
The average size of a house on WARREN LANE is 83 sq meters (897 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Worsley Street |