£163,623
This estimated value is based upon the latest sale price for the house of £90,000 on 25 Aug 2009. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £90,000 | 25 Aug 2009 |
| £90,000 | 25 Aug 2009 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 775 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 August 2009 the House Price Index for GREATER MANCHESTER was 82.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 81.804%.Applying this 81.804% change to the original purchase price of £90,000 results in an estimated price of approximately £163,623.
| 25 Aug 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.3 | 149.7 | 81.804 % | £90,000 | £73,623 | £163,623 |
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 | 61.678 % | £55,509 | £145,509 |
| 3 Month Average | 59.026 % | £53,123 | £143,123 |
| 6 Month Average | 62.504 % | £56,253 | £146,253 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 May 2024 | £105,000 | £105,000 | 17 KATHLEEN STREET |
| 27 Mar 2024 | £91,404 | £90,000 | 1A ARTHUR STREET |
| 6 Apr 2023 | £183,431 | £180,000 | 74 PRIMROSE STREET |
| 22 Apr 2022 | £94,405 | £91,000 | 9 KATHLEEN STREET |
| 28 Jan 2022 | £100,719 | £95,000 | 3 ARTHUR STREET |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 17 May 2012. Using an estimated price of £163,624 means this house is valued at £2,272 per sq meter (£211 per sq foot).
The average size of a house on HOLMES STREET is 75 sq meters (809 sq feet).