£65,612
This estimated value is based upon the latest sale price for the house of £43,500 on 28 Nov 2014. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£43,500 | 28 Nov 2014 |
Terraced |
Leasehold |
Floor Area: 64 sq meters or 688 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 November 2014 the House Price Index for GREATER MANCHESTER was 99.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.833%.Applying this 50.833% change to the original purchase price of £43,500 results in an estimated price of approximately £65,612.
28 Nov 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.2 | 149.7 | 50.833 % | £43,500 | £22,112 | £65,612 |
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 | 86.004 % | £37,411 | £80,911 |
3 Month Average | 71.224 % | £30,982 | £74,482 |
6 Month Average | 56.159 % | £24,429 | £67,929 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £101,107 | £98,000 | 84 NAPIER STREET EAST |
18 Sep 2023 | £215,756 | £211,000 | 3 SCHOOL STREET |
28 Jan 2022 | £112,911 | £106,500 | 7 ROSS STREET |
26 Nov 2021 | £114,400 | £105,000 | 12 ROSS STREET |
19 Jun 2020 | £304,995 | £250,000 | THE OLD FOUNDRY GREEN STREET |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 12 Aug 2021. Using an estimated price of £65,612 means this house is valued at £1,025 per sq meter (£95 per sq foot).
The average size of a house on HORNBY STREET is 80 sq meters (862 sq feet).