£130,413
This estimated value is based upon the latest sale price for the house of £74,000 on 3 Oct 2008. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £74,000 | 3 Oct 2008 |
| 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 October 2008 the House Price Index for GREATER MANCHESTER was 84.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 76.234%.Applying this 76.234% change to the original purchase price of £74,000 results in an estimated price of approximately £130,413.
| 3 Oct 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.9 | 149.7 | 76.234 % | £74,000 | £56,413 | £130,413 |
The Postcode Pricing Model uses changes in average sales price within the OL16 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 | 97.961 % | £72,491 | £146,491 |
| 3 Month Average | 68.756 % | £50,879 | £124,879 |
| 6 Month Average | 46.136 % | £34,141 | £108,141 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 May 2024 | £71,000 | £71,000 | 18 HECTOR AVENUE |
| 11 Aug 2023 | £96,745 | £95,000 | 11 MORLEY STREET |
| 23 Jun 2023 | £71,431 | £70,000 | 12 HECTOR AVENUE |
| 7 Mar 2023 | £91,529 | £90,000 | 17 OSWALD STREET |
| 31 Aug 2022 | £65,305 | £65,000 | 27 SELBY STREET |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 30 Jul 2013. Using an estimated price of £130,413 means this house is valued at £2,070 per sq meter (£192 per sq foot).
The average size of a house on DENMARK STREET is 122 sq meters (1,313 sq feet).