£308,507
This estimated value is based upon the latest sale price for the house of £185,000 on 1 Dec 2006. 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 |
|---|---|
| £185,000 | 1 Dec 2006 |
| Terraced |
| Leasehold |
| Floor Area: 129 sq meters or 1,388 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 December 2006 the House Price Index for GREATER MANCHESTER was 89.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 66.761%.Applying this 66.761% change to the original purchase price of £185,000 results in an estimated price of approximately £308,507.
| 1 Dec 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.8 | 149.7 | 66.761 % | £185,000 | £123,507 | £308,507 |
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 | 38.695 % | £71,586 | £256,586 |
| 3 Month Average | 44.177 % | £81,726 | £266,726 |
| 6 Month Average | 50.309 % | £93,072 | £278,072 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Mar 2024 | £238,667 | £235,000 | 280 FREDERICK STREET |
| 29 Sep 2023 | £175,877 | £172,000 | 5 HARROW AVENUE |
| 27 Mar 2023 | £142,378 | £140,000 | 28 HARROW AVENUE |
| 3 Oct 2022 | £99,667 | £100,000 | 30 ETON AVENUE |
| 15 Jul 2022 | £157,579 | £156,000 | 26 ETON AVENUE |
This house has a floor area of 129 sq meters or 1,388 sq feet when measured on 11 Oct 2013. Using an estimated price of £308,508 means this house is valued at £2,391 per sq meter (£222 per sq foot).
The average size of a house on FREDERICK STREET is 160 sq meters (1,729 sq feet).