£86,297
This estimated value is based upon the latest sale price for the house of £82,000 on 14 Jan 2022. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £82,000 | 14 Jan 2022 |
| £75,000 | 16 Dec 2014 |
| Terraced |
| Leasehold |
| Floor Area: 72 sq meters or 775 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 January 2022 the House Price Index for GREATER MANCHESTER was 141.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 5.241%.Applying this 5.241% change to the original purchase price of £82,000 results in an estimated price of approximately £86,297.
| 14 Jan 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 148.6 | 5.241 % | £82,000 | £4,297 | £86,297 |
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 | 4.680 % | £3,837 | £85,837 |
| 3 Month Average | 20.138 % | £16,512 | £98,512 |
| 6 Month Average | 1.653 % | £1,355 | £83,355 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Mar 2023 | £75,713 | £75,000 | 54 QUAIL STREET |
| 9 Aug 2022 | £64,226 | £64,399 | 50 QUAIL STREET |
| 24 Jun 2022 | £111,577 | £110,000 | 64 NEW EARTH STREET |
| 6 May 2022 | £107,016 | £105,000 | 54 NEW EARTH STREET |
| 4 Mar 2022 | £87,046 | £84,000 | 62 QUAIL STREET |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 19 Mar 2011. Using an estimated price of £86,297 means this house is valued at £1,197 per sq meter (£111 per sq foot).
The average size of a house on QUAIL STREET is 74 sq meters (804 sq feet).