£132,839
This estimated value is based upon the latest sale price for the house of £130,000 on 13 Jun 2022. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £130,000 | 13 Jun 2022 |
| £76,500 | 27 Aug 2009 |
| Terraced |
| Leasehold |
| Floor Area: 76 sq meters or 818 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 June 2022 the House Price Index for GREATER MANCHESTER was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £130,000 results in an estimated price of approximately £132,839.
| 13 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 149.7 | 2.184 % | £130,000 | £2,839 | £132,839 |
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 | -25.596 % | £-33,274 | £96,725 |
| 3 Month Average | 24.249 % | £31,523 | £161,523 |
| 6 Month Average | 15.886 % | £20,651 | £150,651 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £188,801 | £183,000 | 6 LINK LANE |
| 23 Nov 2023 | £97,474 | £95,000 | 313 HOLLINS ROAD |
| 29 Sep 2023 | £175,877 | £172,000 | 5 HARROW AVENUE |
| 27 Mar 2023 | £142,378 | £140,000 | 28 HARROW AVENUE |
| 3 Mar 2023 | £264,416 | £260,000 | 20 CORONA AVENUE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 24 Nov 2021. Using an estimated price of £132,840 means this house is valued at £1,747 per sq meter (£162 per sq foot).
The average size of a house on HOLLINS ROAD is 79 sq meters (857 sq feet).