£78,683
This estimated value is based upon the latest sale price for the house of £78,000 on 5 Dec 2022. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £78,000 | 5 Dec 2022 |
| £89,950 | 22 Mar 2006 |
| £82,950 | 30 Nov 2004 |
| £35,000 | 13 Apr 2004 |
| £16,950 | 15 Mar 2002 |
| Terraced |
| Leasehold |
| Floor Area: 57 sq meters or 613 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 2022 the House Price Index for GREATER MANCHESTER was 148.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.876%.Applying this 0.876% change to the original purchase price of £78,000 results in an estimated price of approximately £78,683.
| 5 Dec 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.4 | 149.7 | 0.876 % | £78,000 | £683 | £78,683 |
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 | 24.714 % | £19,276 | £97,276 |
| 3 Month Average | 8.759 % | £6,832 | £84,832 |
| 6 Month Average | -1.682 % | £-1,311 | £76,688 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Sep 2024 | £170,000 | £170,000 | 25 SCHOFIELD STREET |
| 1 Mar 2024 | £192,965 | £190,000 | 3 ALVINGHAM AVENUE |
| 7 Dec 2023 | £120,193 | £116,500 | 70 SCHOFIELD STREET |
| 7 Jun 2023 | £89,912 | £88,110 | 16 ALVINGHAM AVENUE |
| 2 Jun 2023 | £81,636 | £80,000 | 100 SCHOFIELD STREET |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 29 Apr 2017.
The average size of a house on SCHOFIELD STREET is 69 sq meters (745 sq feet).