£134,520
This estimated value is based upon the latest sale price for the house of £23,500 on 4 Dec 1995. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£23,500 | 4 Dec 1995 |
Terraced |
Leasehold |
Floor Area: 110 sq meters or 1,184 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 1995 the House Price Index for GREATER MANCHESTER was 26.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 472.429%.Applying this 472.429% change to the original purchase price of £23,500 results in an estimated price of approximately £134,520.
4 Dec 1995 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.2 | 149.7 | 472.429 % | £23,500 | £111,020 | £134,520 |
The Postcode Pricing Model uses changes in average sales price within the OL12 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 | 392.350 % | £92,202 | £115,702 |
3 Month Average | 367.711 % | £86,412 | £109,912 |
6 Month Average | 349.445 % | £82,119 | £105,619 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Mar 2024 | £91,404 | £90,000 | 16 EAST VIEW |
4 Dec 2023 | £61,902 | £60,000 | 6 EAST VIEW |
30 Oct 2023 | £71,627 | £70,000 | 34 CLEMENT ROYDS STREET |
30 Mar 2023 | £68,646 | £67,500 | 6 MOUNT STREET |
17 Feb 2023 | £79,531 | £79,000 | 14 EAST VIEW |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 18 Oct 2016. Using an estimated price of £134,521 means this house is valued at £1,222 per sq meter (£113 per sq foot).
The average size of a house on CLEMENT ROYDS STREET is 115 sq meters (1,239 sq feet).