£140,701
This estimated value is based upon the latest sale price for the house of £115,000 on 5 Feb 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £115,000 | 5 Feb 2020 |
| Terraced |
| Freehold |
| Floor Area: 120 sq meters or 1,291 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 2020 the House Price Index for GREATER MANCHESTER was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.349%.Applying this 22.349% change to the original purchase price of £115,000 results in an estimated price of approximately £140,701.
| 5 Feb 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.349 % | £115,000 | £25,701 | £140,701 |
The Postcode Pricing Model uses changes in average sales price within the OL9 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 | 15.800 % | £18,170 | £133,170 |
| 3 Month Average | 12.630 % | £14,524 | £129,524 |
| 6 Month Average | 29.680 % | £34,131 | £149,131 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Jan 2023 | £87,587 | £88,000 | 61 OXFORD STREET |
| 24 May 2022 | £87,652 | £86,000 | 19 DORSET STREET |
| 23 Dec 2021 | £91,067 | £85,000 | 15 CHESTER STREET |
| 18 Oct 2021 | £981 | £887 | 19 DERBY COURT |
| 9 Sep 2021 | £43,103 | £39,999 | 10 DORSET STREET |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 10 Jan 2019. Using an estimated price of £140,701 means this house is valued at £1,172 per sq meter (£108 per sq foot).
The average size of a house on DERBY STREET is 118 sq meters (1,272 sq feet).