£257,984
This estimated value is based upon the latest sale price for the house of £145,000 on 2 Mar 2006. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £145,000 | 2 Mar 2006 |
| £105,000 | 26 Nov 2004 |
| Terraced |
| Leasehold |
| Floor Area: 190 sq meters or 2,045 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 March 2006 the House Price Index for GREATER MANCHESTER was 84.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 77.920%.Applying this 77.920% change to the original purchase price of £145,000 results in an estimated price of approximately £257,984.
| 2 Mar 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.1 | 149.7 | 77.920 % | £145,000 | £112,984 | £257,984 |
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 | 73.912 % | £107,171 | £252,171 |
| 3 Month Average | 74.230 % | £107,632 | £252,632 |
| 6 Month Average | 84.029 % | £121,841 | £266,841 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Oct 2021 | £125,367 | £112,470 | 5 COLLEGE ROAD |
| 16 Jul 2021 | £243,132 | £210,000 | 283 FREDERICK STREET |
| 2 Dec 2020 | £820 | £709 | 206 FREDERICK STREET |
| 3 Jul 2020 | £179,069 | £147,000 | 32 GRENDON AVENUE |
| 23 Jan 2020 | £172,024 | £140,000 | 35 COLLEGE ROAD |
This house has a floor area of 190 sq meters or 2,045 sq feet when measured on 15 Jan 2015. Using an estimated price of £257,985 means this house is valued at £1,357 per sq meter (£126 per sq foot).
The average size of a house on FREDERICK STREET is 160 sq meters (1,729 sq feet).