£95,081
This estimated value is based upon the latest sale price for the house of £90,000 on 8 Feb 2022. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £90,000 | 8 Feb 2022 |
| £50,500 | 14 Nov 2011 |
| £80,000 | 21 Jan 2008 |
| £52,000 | 17 Sep 2004 |
| Terraced |
| Leasehold |
| Floor Area: 70 sq meters or 757 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 February 2022 the House Price Index for GREATER MANCHESTER was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £90,000 results in an estimated price of approximately £95,081.
| 8 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 149.7 | 5.646 % | £90,000 | £5,081 | £95,081 |
The Postcode Pricing Model uses changes in average sales price within the OL12 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 | 41.616 % | £37,454 | £127,454 |
| 3 Month Average | 25.423 % | £22,880 | £112,880 |
| 6 Month Average | 26.006 % | £23,405 | £113,405 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Oct 2023 | £95,161 | £93,000 | 17 DAVYHULME STREET |
| 4 Aug 2023 | £96,745 | £95,000 | 13 ALICE STREET |
| 30 Jun 2023 | £112,249 | £110,000 | 17 ERNEST TERRACE |
| 27 Jun 2023 | £103,065 | £101,000 | 9 RED LANE |
| 20 May 2022 | £92,407 | £90,000 | 12 DAVYHULME STREET |
This house has a floor area of 70 sq meters or 757 sq feet when measured on 10 Feb 2012. Using an estimated price of £95,081 means this house is valued at £1,350 per sq meter (£125 per sq foot).
The average size of a house on ALICE STREET is 81 sq meters (880 sq feet).