£101,224
This estimated value is based upon the latest sale price for the house of £82,500 on 18 Sep 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £82,500 | 18 Sep 2019 |
| Terraced |
| Leasehold |
| Floor Area: 68 sq meters or 731 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 September 2019 the House Price Index for GREATER MANCHESTER was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.696%.Applying this 22.696% change to the original purchase price of £82,500 results in an estimated price of approximately £101,224.
| 18 Sep 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.696 % | £82,500 | £18,724 | £101,224 |
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 | 149.259 % | £123,138 | £205,638 |
| 3 Month Average | 70.059 % | £57,798 | £140,298 |
| 6 Month Average | 33.298 % | £27,470 | £109,970 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Mar 2024 | £92,500 | £92,500 | 411 RIPPONDEN ROAD |
| 28 Sep 2023 | £151,943 | £150,000 | 346 RIPPONDEN ROAD |
| 4 Sep 2023 | £149,917 | £148,000 | 20 ALBANY STREET |
| 24 Aug 2023 | £75,662 | £75,000 | 385 RIPPONDEN ROAD |
| 12 Jul 2023 | £106,432 | £105,000 | 358 RIPPONDEN ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 18 Apr 2012. Using an estimated price of £101,225 means this house is valued at £1,488 per sq meter (£138 per sq foot).
The average size of a house on RIXSON STREET is 80 sq meters (861 sq feet).