£138,385
This estimated value is based upon the latest sale price for the house of £34,750 on 28 Jan 2000. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£34,750 | 28 Jan 2000 |
£16,000 | 7 Apr 1999 |
Terraced |
Leasehold |
Floor Area: 79 sq meters or 850 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 2000 the House Price Index for GREATER MANCHESTER was 37.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 298.231%.Applying this 298.231% change to the original purchase price of £34,750 results in an estimated price of approximately £138,385.
28 Jan 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
37.3 | 148.6 | 298.231 % | £34,750 | £103,635 | £138,385 |
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 | 491.529 % | £170,806 | £205,556 |
3 Month Average | 345.485 % | £120,056 | £154,806 |
6 Month Average | 250.167 % | £86,933 | £121,683 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Mar 2024 | £92,500 | £92,500 | 411 RIPPONDEN ROAD |
1 Dec 2023 | £137,404 | £135,000 | 10 RADCLIFFE ROAD |
28 Sep 2023 | £151,943 | £150,000 | 346 RIPPONDEN ROAD |
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 79 sq meters or 850 sq feet when measured on 11 Sep 2015. Using an estimated price of £138,385 means this house is valued at £1,751 per sq meter (£162 per sq foot).
The average size of a house on RIPPONDEN ROAD is 90 sq meters (971 sq feet).