£169,273
This estimated value is based upon the latest sale price for the house of £35,950 on 8 May 1998. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £35,950 | 8 May 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 May 1998 the House Price Index for GREATER MANCHESTER was 31.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 370.858%.Applying this 370.858% change to the original purchase price of £35,950 results in an estimated price of approximately £169,273.
| 8 May 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.6 | 148.6 | 370.858 % | £35,950 | £133,323 | £169,273 |
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 | 144.766 % | £52,043 | £87,993 |
| 3 Month Average | 337.416 % | £121,300 | £157,250 |
| 6 Month Average | 333.040 % | £119,728 | £155,678 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Aug 2023 | £206,809 | £205,000 | 18 BARON AVENUE |
| 14 Jul 2023 | £238,206 | £235,000 | 18 MACKESON DRIVE |
| 24 Feb 2023 | £214,855 | £215,000 | 93 MOSSLEY ROAD |
| 23 Jan 2023 | £233,898 | £235,000 | 72 MOSSLEY ROAD |
| 16 May 2022 | £216,071 | £212,000 | 22 MACKESON DRIVE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 16 Jun 2015. Using an estimated price of £169,273 means this house is valued at £1,991 per sq meter (£185 per sq foot).
The average size of a house on WITHAM STREET is 84 sq meters (910 sq feet).