£112,282
This estimated value is based upon the latest sale price for the house of £75,000 on 31 Oct 2014. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£75,000 | 31 Oct 2014 |
Terraced |
Freehold |
Floor Area: 39 sq meters or 419 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 October 2014 the House Price Index for GREATER MANCHESTER was 99.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.711%.Applying this 49.711% change to the original purchase price of £75,000 results in an estimated price of approximately £112,282.
31 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.3 | 148.6 | 49.711 % | £75,000 | £37,282 | £112,282 |
The Postcode Pricing Model uses changes in average sales price within the OL6 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 | 34.918 % | £26,188 | £101,188 |
3 Month Average | 74.871 % | £56,153 | £131,153 |
6 Month Average | 59.594 % | £44,695 | £119,695 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £129,262 | £127,000 | 140 CURZON ROAD |
17 Nov 2023 | £139,566 | £137,500 | 112 WHITEACRE ROAD |
28 Sep 2023 | £141,813 | £140,000 | 8 DIAMOND CLOSE |
3 Aug 2023 | £191,677 | £190,000 | 143 CURZON ROAD |
1 Mar 2023 | £125,179 | £124,000 | 235 CURZON ROAD |
This house has a floor area of 39 sq meters or 419 sq feet when measured on 17 Mar 2014. Using an estimated price of £112,283 means this house is valued at £2,879 per sq meter (£267 per sq foot).
There is one other house on the street which we know the size of, this is 20 PARRY WALK it is 80.0