£231,777
This estimated value is based upon the latest sale price for the house of £187,600 on 14 Jun 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £187,600 | 14 Jun 2019 |
| £108,000 | 30 Jun 2017 |
| £75,000 | 13 Aug 2004 |
| Terraced |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 2019 the House Price Index for GREATER MANCHESTER was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.549%.Applying this 23.549% change to the original purchase price of £187,600 results in an estimated price of approximately £231,777.
| 14 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.549 % | £187,600 | £44,177 | £231,777 |
The Postcode Pricing Model uses changes in average sales price within the OL7 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 | 18.361 % | £34,446 | £222,046 |
| 3 Month Average | 32.696 % | £61,337 | £248,937 |
| 6 Month Average | 28.086 % | £52,690 | £240,290 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £126,878 | £125,000 | 6 BRADBURY STREET |
| 30 Nov 2023 | £97,443 | £96,000 | 101 MINTO STREET |
| 18 Aug 2023 | £105,927 | £105,000 | 214 OLDHAM ROAD |
| 29 Apr 2022 | £139,023 | £135,000 | 66 MINTO STREET |
| 19 Apr 2022 | £133,874 | £130,000 | 59 ELGIN STREET |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 26 Sep 2013. Using an estimated price of £231,777 means this house is valued at £2,107 per sq meter (£195 per sq foot).
The average size of a house on OLDHAM ROAD is 83 sq meters (893 sq feet).