£85,421
This estimated value is based upon the latest sale price for the house of £50,000 on 11 Jun 2010. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £50,000 | 11 Jun 2010 |
| Terraced |
| Leasehold |
| Floor Area: 64 sq meters or 694 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 2010 the House Price Index for GREATER MANCHESTER was 87.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.842%.Applying this 70.842% change to the original purchase price of £50,000 results in an estimated price of approximately £85,421.
| 11 Jun 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 149.7 | 70.842 % | £50,000 | £35,421 | £85,421 |
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 | 75.059 % | £37,529 | £87,529 |
| 3 Month Average | 61.524 % | £30,762 | £80,762 |
| 6 Month Average | 61.479 % | £30,739 | £80,739 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £132,897 | £130,500 | 25 RANDOLPH STREET |
| 9 Jun 2023 | £117,352 | £115,000 | 4 CUMMINGS STREET |
| 24 Mar 2023 | £130,174 | £128,000 | 684 HOLLINS ROAD |
| 27 Feb 2023 | £81,545 | £81,000 | 9 CUMMINGS STREET |
| 13 Jan 2023 | £120,321 | £120,000 | 3 WALKERS ROAD |
This house has a floor area of 64 sq meters or 694 sq feet when measured on 11 Aug 2009. Using an estimated price of £85,421 means this house is valued at £1,324 per sq meter (£123 per sq foot).
The average size of a house on CUMMINGS STREET is 75 sq meters (812 sq feet).