£198,583
This estimated value is based upon the latest sale price for the house of £95,000 on 29 Mar 2004. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£95,000 | 29 Mar 2004 |
Terraced |
Leasehold |
Floor Area: 191 sq meters or 2,055 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 March 2004 the House Price Index for GREATER MANCHESTER was 71.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 109.035%.Applying this 109.035% change to the original purchase price of £95,000 results in an estimated price of approximately £198,583.
29 Mar 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
71.1 | 148.6 | 109.035 % | £95,000 | £103,583 | £198,583 |
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 | 284.110 % | £269,904 | £364,904 |
3 Month Average | 259.198 % | £246,237 | £341,237 |
6 Month Average | 174.404 % | £165,683 | £260,683 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Jul 2022 | £90,243 | £90,000 | 8 KINGSBRIDGE ROAD |
4 Feb 2022 | £167,791 | £160,000 | 33 BROOK LANE |
22 Dec 2020 | £44,761 | £39,000 | 19 BROOK LANE |
15 Dec 2020 | £68,863 | £60,000 | 23 KINGSBRIDGE ROAD |
1 Dec 2020 | £143,464 | £125,000 | 295 WATERLOO STREET |
This house has a floor area of 191 sq meters or 2,055 sq feet when measured on 20 Feb 2017. Using an estimated price of £198,583 means this house is valued at £1,039 per sq meter (£96 per sq foot).
The average size of a house on PARK ROAD is 191 sq meters (2,059 sq feet).