£819
This estimated value is based upon the latest sale price for the house of £709 on 2 Dec 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £709 | 2 Dec 2020 |
| Freehold |
| Floor Area: 147 sq meters or 1,582 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 December 2020 the House Price Index for GREATER MANCHESTER was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £709 results in an estimated price of approximately £819.
| 2 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £709 | £110 | £819 |
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 | 29.364 % | £208 | £917 |
| 3 Month Average | 22.457 % | £159 | £868 |
| 6 Month Average | 30.586 % | £216 | £925 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £271,902 | £265,000 | 26 COLLEGE AVENUE |
| 13 Jun 2022 | £306,553 | £300,000 | 190 FREDERICK STREET |
| 24 Sep 2021 | £350,096 | £322,500 | 183 FREDERICK STREET |
| 16 Jul 2021 | £243,132 | £210,000 | 283 FREDERICK STREET |
| 28 May 2021 | £204,913 | £180,000 | 19 YORK AVENUE |
This house has a floor area of 147 sq meters or 1,582 sq feet when measured on 16 Feb 2016. Using an estimated price of £820 means this house is valued at £5 per sq meter (£0 per sq foot).
The average size of a house on FREDERICK STREET is 160 sq meters (1,729 sq feet).