£164,112
This estimated value is based upon the latest sale price for the house of £68,000 on 4 Apr 2003. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £68,000 | 4 Apr 2003 |
| £33,000 | 12 Jan 2001 |
| Terraced |
| Leasehold |
| Floor Area: 96 sq meters or 1,033 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 April 2003 the House Price Index for GREATER MANCHESTER was 62.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 141.341%.Applying this 141.341% change to the original purchase price of £68,000 results in an estimated price of approximately £164,112.
| 4 Apr 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 62.0 | 149.7 | 141.341 % | £68,000 | £96,112 | £164,112 |
The Postcode Pricing Model uses changes in average sales price within the OL10 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 | 250.771 % | £170,524 | £238,524 |
| 3 Month Average | 177.941 % | £120,999 | £188,999 |
| 6 Month Average | 195.159 % | £132,708 | £200,708 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 May 2024 | £125,000 | £125,000 | 40 MELTON STREET |
| 12 Apr 2024 | £181,577 | £180,000 | 9 MELTON CLOSE |
| 10 Apr 2024 | £151,314 | £150,000 | 22 MELTON STREET |
| 9 Apr 2024 | £126,095 | £125,000 | 10 BARKER STREET |
| 15 Dec 2023 | £153,718 | £148,995 | 3 MELTON CLOSE |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 3 Jul 2015. Using an estimated price of £164,112 means this house is valued at £1,709 per sq meter (£158 per sq foot).
The average size of a house on PILSWORTH ROAD is 80 sq meters (868 sq feet).