£91,965
This estimated value is based upon the latest sale price for the house of £90,000 on 22 Jun 2022. 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 | 22 Jun 2022 |
| £100,000 | 18 Jul 2008 |
| £32,000 | 7 Aug 2001 |
| Semi-Detached |
| Leasehold |
| Floor Area: 57 sq meters or 613 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 June 2022 the House Price Index for GREATER MANCHESTER was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £90,000 results in an estimated price of approximately £91,965.
| 22 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 149.7 | 2.184 % | £90,000 | £1,965 | £91,965 |
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 | 55.984 % | £50,385 | £140,385 |
| 3 Month Average | 20.634 % | £18,570 | £108,570 |
| 6 Month Average | 30.372 % | £27,335 | £117,335 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Oct 2023 | £133,021 | £130,000 | 6 PRESTON STREET |
| 29 Sep 2023 | £117,592 | £115,000 | 26 MARLBOROUGH STREET |
| 19 Sep 2023 | £132,930 | £130,000 | 24 EDENFIELD STREET |
| 6 Apr 2023 | £127,383 | £125,000 | 8 BLENHEIM STREET |
| 28 Mar 2023 | £147,463 | £145,000 | 14 MARLBOROUGH STREET |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 1 Jun 2020. Using an estimated price of £91,966 means this house is valued at £1,613 per sq meter (£149 per sq foot).
The average size of a house on EDENFIELD STREET is 85 sq meters (916 sq feet).
This house is the smallest in the street with a floor area of 57 sq meters (613 sq feet).