£86,882
This estimated value is based upon the latest sale price for the house of £36,000 on 25 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 |
|---|---|
| £36,000 | 25 Apr 2003 |
| Terraced |
| Leasehold |
| Floor Area: 76 sq meters or 820 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 £36,000 results in an estimated price of approximately £86,882.
| 25 Apr 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 62.0 | 149.7 | 141.341 % | £36,000 | £50,882 | £86,882 |
The Postcode Pricing Model uses changes in average sales price within the OL11 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 | 124.369 % | £44,772 | £80,772 |
| 3 Month Average | 161.531 % | £58,151 | £94,151 |
| 6 Month Average | 192.338 % | £69,241 | £105,241 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £150,629 | £146,000 | 294 OLDHAM ROAD |
| 22 Nov 2023 | £138,516 | £135,000 | 292 OLDHAM ROAD |
| 26 Sep 2023 | £102,254 | £100,000 | 497 OLDHAM ROAD |
| 14 Sep 2023 | £108,901 | £106,500 | 39 GREENFIELD STREET |
| 26 Apr 2023 | £112,097 | £110,000 | 14 QUEEN VICTORIA STREET |
This house has a floor area of 76 sq meters or 820 sq feet when measured on 4 Jan 2011. Using an estimated price of £86,883 means this house is valued at £1,139 per sq meter (£105 per sq foot).
The average size of a house on QUEEN VICTORIA STREET is 72 sq meters (780 sq feet).