£97,352
This estimated value is based upon the latest sale price for the house of £79,000 on 19 Oct 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £79,000 | 19 Oct 2018 |
| £75,700 | 12 May 2006 |
| £62,000 | 13 Aug 2004 |
| £27,950 | 7 May 1999 |
| £27,550 | 1 Aug 1997 |
| Terraced |
| Leasehold |
| Floor Area: 75 sq meters or 807 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 2018 the House Price Index for GREATER MANCHESTER was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £79,000 results in an estimated price of approximately £97,352.
| 19 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £79,000 | £18,352 | £97,352 |
The Postcode Pricing Model uses changes in average sales price within the OL4 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 | 55.827 % | £44,103 | £123,103 |
| 3 Month Average | 36.776 % | £29,052 | £108,052 |
| 6 Month Average | 21.653 % | £17,106 | £96,106 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Sep 2023 | £149,917 | £148,000 | 20 ALBANY STREET |
| 27 Jun 2023 | £126,533 | £125,000 | 11 RAND STREET |
| 13 Jun 2023 | £75,920 | £75,000 | 333 RIPPONDEN ROAD |
| 1 Jun 2023 | £88,067 | £87,000 | 338 RIPPONDEN ROAD |
| 13 Apr 2023 | £93,001 | £92,000 | 316 RIPPONDEN ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 3 Apr 2018. Using an estimated price of £97,352 means this house is valued at £1,298 per sq meter (£120 per sq foot).
The average size of a house on RIPPONDEN ROAD is 90 sq meters (971 sq feet).