£158,917
This estimated value is based upon the latest sale price for the house of £125,000 on 16 Oct 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £125,000 | 16 Oct 2017 |
| Terraced |
| Leasehold |
| Floor Area: 160 sq meters or 1,722 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 October 2017 the House Price Index for GREATER MANCHESTER was 117.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.134%.Applying this 27.134% change to the original purchase price of £125,000 results in an estimated price of approximately £158,917.
| 16 Oct 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 149.7 | 27.134 % | £125,000 | £33,917 | £158,917 |
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 | 38.404 % | £48,004 | £173,004 |
| 3 Month Average | 53.825 % | £67,280 | £192,280 |
| 6 Month Average | 55.531 % | £69,413 | £194,413 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £142,000 | £142,000 | 815 HOLLINS ROAD |
| 4 Aug 2023 | £169,558 | £166,500 | 38 CARNARVON STREET |
| 14 Apr 2022 | £82,994 | £80,000 | 30 CARNARVON STREET |
| 7 Apr 2022 | £120,341 | £116,000 | 32 CARNARVON STREET |
| 6 Dec 2021 | £188,879 | £175,000 | 53 KNOWL STREET |
This house has a floor area of 160 sq meters or 1,722 sq feet when measured on 15 Oct 2018. Using an estimated price of £158,918 means this house is valued at £993 per sq meter (£92 per sq foot).
The average size of a house on CARNARVON STREET is 105 sq meters (1,140 sq feet).