£80,360
This estimated value is based upon the latest sale price for the house of £68,000 on 2 Oct 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 |
|---|---|
| £68,000 | 2 Oct 2020 |
| £62,500 | 11 Feb 2016 |
| Terraced |
| Leasehold |
| Floor Area: 75 sq meters or 807 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 October 2020 the House Price Index for GREATER MANCHESTER was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £68,000 results in an estimated price of approximately £80,360.
| 2 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £68,000 | £12,360 | £80,360 |
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 | 15.555 % | £10,577 | £78,577 |
| 3 Month Average | 29.817 % | £20,275 | £88,275 |
| 6 Month Average | 36.749 % | £24,989 | £92,989 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £91,821 | £89,000 | 38 EDITH STREET |
| 2 Oct 2023 | £158,602 | £155,000 | 366 ASHTON ROAD |
| 6 Sep 2023 | £76,691 | £75,000 | 415 ASHTON ROAD |
| 18 Aug 2023 | £122,204 | £120,000 | 428 ASHTON ROAD |
| 7 Aug 2023 | £99,800 | £98,000 | 31 ETHEL STREET |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 2 Sep 2015. Using an estimated price of £80,360 means this house is valued at £1,071 per sq meter (£99 per sq foot).
The average size of a house on ASHTON ROAD is 79 sq meters (850 sq feet).