£1,012
This estimated value is based upon the latest sale price for the house of £983 on 14 Apr 2022. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £983 | 14 Apr 2022 |
| £123,000 | 22 Dec 2020 |
| Freehold |
| Floor Area: 67 sq meters or 721 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 2022 the House Price Index for GREATER MANCHESTER was 144.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 2.980%.Applying this 2.980% change to the original purchase price of £983 results in an estimated price of approximately £1,012.
| 14 Apr 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 148.6 | 2.980 % | £983 | £29 | £1,012 |
The Postcode Pricing Model uses changes in average sales price within the OL16 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 | 154.739 % | £1,521 | £2,504 |
| 3 Month Average | 6.679 % | £65 | £1,048 |
| 6 Month Average | 10.037 % | £98 | £1,081 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £177,553 | £176,000 | 9 ADRIAN TERRACE |
| 18 Aug 2023 | £171,500 | £170,000 | 12 ADRIAN TERRACE |
| 8 Feb 2023 | £89,939 | £90,000 | 33 ROSEFIELD CRESCENT |
| 13 Jan 2023 | £164,226 | £165,000 | 11 BERTHA ROAD |
| 29 Jul 2022 | £170,459 | £170,000 | 27 BERTHA ROAD |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 26 Sep 2014. Using an estimated price of £1,012 means this house is valued at £15 per sq meter (£1 per sq foot).
The average size of a house on BERTHA ROAD is 78 sq meters (841 sq feet).