£109,572
This estimated value is based upon the latest sale price for the house of £69,000 on 24 Jul 2007. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £69,000 | 24 Jul 2007 |
| £37,000 | 17 Dec 2004 |
| Terraced |
| Leasehold |
| Floor Area: 63 sq meters or 678 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 July 2007 the House Price Index for GREATER MANCHESTER was 94.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.801%.Applying this 58.801% change to the original purchase price of £69,000 results in an estimated price of approximately £109,572.
| 24 Jul 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.3 | 149.7 | 58.801 % | £69,000 | £40,572 | £109,572 |
The Postcode Pricing Model uses changes in average sales price within the OL8 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 | 42.989 % | £29,662 | £98,662 |
| 3 Month Average | 48.484 % | £33,454 | £102,454 |
| 6 Month Average | 48.322 % | £33,342 | £102,342 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £115,000 | £115,000 | 17 HATHERSHAW LANE |
| 20 Sep 2023 | £92,029 | £90,000 | 16 HATHERSHAW LANE |
| 28 Apr 2023 | £101,906 | £100,000 | 33 ETHEL STREET |
| 24 Feb 2023 | £75,504 | £75,000 | 24 ALTON STREET |
| 19 Oct 2022 | £29,900 | £30,000 | 17 ALTON STREET |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 16 Oct 2013. Using an estimated price of £109,573 means this house is valued at £1,739 per sq meter (£161 per sq foot).
The average size of a house on ALTON STREET is 72 sq meters (780 sq feet).