£124,085
This estimated value is based upon the latest sale price for the house of £105,000 on 30 Oct 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £105,000 | 30 Oct 2020 |
| £36,000 | 30 Jan 2004 |
| Terraced |
| Freehold |
| 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 October 2020 the House Price Index for GREATER MANCHESTER was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £105,000 results in an estimated price of approximately £124,085.
| 30 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £105,000 | £19,085 | £124,085 |
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 | 15.555 % | £16,332 | £121,332 |
| 3 Month Average | 29.817 % | £31,307 | £136,307 |
| 6 Month Average | 36.749 % | £38,586 | £143,586 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Oct 2023 | £138,137 | £135,000 | 583 CHAMBER ROAD |
| 25 Oct 2023 | £123,812 | £121,000 | 11 COLLIER HILL AVENUE |
| 12 Oct 2023 | £209,764 | £205,000 | 11 MULMOUNT CLOSE |
| 24 Mar 2023 | £138,818 | £136,500 | 24 KIMBERLEY STREET |
| 21 Mar 2023 | £167,802 | £165,000 | 23 LADYSMITH STREET |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 22 Sep 2014. Using an estimated price of £124,086 means this house is valued at £1,798 per sq meter (£167 per sq foot).
The average size of a house on LADYSMITH STREET is 86 sq meters (932 sq feet).