£145,362
This estimated value is based upon the latest sale price for the house of £87,500 on 21 Aug 2008. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £87,500 | 21 Aug 2008 |
| £39,000 | 11 Mar 2003 |
| £27,950 | 19 Dec 1997 |
| Terraced |
| Leasehold |
| Floor Area: 63 sq meters or 685 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 2008 the House Price Index for GREATER MANCHESTER was 88.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 66.128%.Applying this 66.128% change to the original purchase price of £87,500 results in an estimated price of approximately £145,362.
| 21 Aug 2008 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.3 | 146.7 | 66.128 % | £87,500 | £57,862 | £145,362 |
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 | 13.881 % | £12,145 | £99,645 |
| 3 Month Average | 50.446 % | £44,140 | £131,640 |
| 6 Month Average | 40.731 % | £35,639 | £123,139 |
This house has a floor area of 63 sq meters or 685 sq feet when measured on 31 Mar 2010.
The average size of a house on STANLEY STREET is 87 sq meters (938 sq feet).
This house is the smallest in the street with a floor area of 63 sq meters (685 sq feet).