£44,666
This estimated value is based upon the latest sale price for the house of £30,000 on 16 Feb 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £30,000 | 16 Feb 2015 |
| £28,000 | 18 Dec 1998 |
| £26,500 | 6 Oct 1995 |
| 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 February 2015 the House Price Index for GREATER MANCHESTER was 100.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.888%.Applying this 48.888% change to the original purchase price of £30,000 results in an estimated price of approximately £44,666.
| 16 Feb 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.5 | 149.7 | 48.888 % | £30,000 | £14,666 | £44,666 |
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 | 78.859 % | £23,657 | £53,657 |
| 3 Month Average | 77.152 % | £23,145 | £53,145 |
| 6 Month Average | 71.132 % | £21,339 | £51,339 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 May 2024 | £112,000 | £112,000 | 2 PLYMOUTH STREET |
| 7 May 2024 | £145,000 | £145,000 | 7 VILLA ROAD |
| 12 Apr 2023 | £2,038 | £2,000 | 212 - 214 ASHTON ROAD |
| 14 Jun 2022 | £183,932 | £180,000 | 210 ASHTON ROAD |
| 7 Dec 2021 | £86,345 | £80,000 | 33 WALLACE STREET |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 21 Aug 2015. Using an estimated price of £44,666 means this house is valued at £595 per sq meter (£55 per sq foot).
The average size of a house on PLYMOUTH STREET is 94 sq meters (1,016 sq feet).