£102,992
This estimated value is based upon the latest sale price for the house of £64,950 on 7 Mar 2014. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £64,950 | 7 Mar 2014 |
| £30,500 | 19 Oct 1995 |
| £14,500 | 2 Aug 1995 |
| Terraced |
| Leasehold |
| Floor Area: 65 sq meters or 699 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 2014 the House Price Index for GREATER MANCHESTER was 94.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.571%.Applying this 58.571% change to the original purchase price of £64,950 results in an estimated price of approximately £102,992.
| 7 Mar 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.4 | 149.7 | 58.571 % | £64,950 | £38,042 | £102,992 |
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 | 68.715 % | £44,630 | £109,580 |
| 3 Month Average | 79.784 % | £51,819 | £116,769 |
| 6 Month Average | 67.393 % | £43,771 | £108,721 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £105,170 | £102,500 | 8 ARGUS STREET |
| 3 Nov 2023 | £112,865 | £110,000 | 30 COUNTY STREET |
| 24 Oct 2023 | £110,510 | £108,000 | 15 ARGUS STREET |
| 28 Sep 2023 | £296,537 | £290,000 | 11 FOX PARK ROAD |
| 15 Nov 2022 | £118,446 | £119,000 | 24 COUNTY STREET |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 25 Sep 2013. Using an estimated price of £102,992 means this house is valued at £1,584 per sq meter (£147 per sq foot).
The average size of a house on COUNTY STREET is 71 sq meters (769 sq feet).