£66,944
This estimated value is based upon the latest sale price for the house of £22,500 on 11 Apr 2002. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£22,500 | 11 Apr 2002 |
£22,500 | 16 Feb 2001 |
Terraced |
Leasehold |
Floor Area: 105 sq meters or 1,130 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 April 2002 the House Price Index for GREATER MANCHESTER was 49.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 197.532%.Applying this 197.532% change to the original purchase price of £22,500 results in an estimated price of approximately £66,944.
11 Apr 2002 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
49.7 | 148.0 | 197.532 % | £22,500 | £44,444 | £66,944 |
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 | 66.293 % | £14,915 | £37,415 |
3 Month Average | 276.247 % | £62,155 | £84,655 |
6 Month Average | 254.732 % | £57,314 | £79,814 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Dec 2023 | £150,344 | £147,500 | 29 HARPER STREET |
14 Nov 2023 | £127,639 | £126,000 | 10 HARPER STREET |
2 Aug 2023 | £128,783 | £128,000 | 27 SHERATON ROAD |
12 Jun 2023 | £146,286 | £145,100 | 45 UPLAND ROAD |
13 Jan 2023 | £121,433 | £122,500 | 16 HARPER STREET |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 14 Aug 2013. Using an estimated price of £66,945 means this house is valued at £637 per sq meter (£59 per sq foot).
The average size of a house on HARPER STREET is 87 sq meters (943 sq feet).