£134,913
This estimated value is based upon the latest sale price for the house of £125,000 on 17 Dec 2021. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £125,000 | 17 Dec 2021 |
| £79,000 | 14 Feb 2018 |
| £45,000 | 7 Feb 2006 |
| £33,000 | 30 Jul 2001 |
| Terraced |
| Leasehold |
| Floor Area: 80 sq meters or 861 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 December 2021 the House Price Index for GREATER MANCHESTER was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £125,000 results in an estimated price of approximately £134,913.
| 17 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £125,000 | £9,913 | £134,913 |
The Postcode Pricing Model uses changes in average sales price within the OL1 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 | -12.303 % | £-15,378 | £109,621 |
| 3 Month Average | 15.352 % | £19,189 | £144,189 |
| 6 Month Average | 29.225 % | £36,531 | £161,531 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Mar 2024 | £123,904 | £122,000 | 389 RIPPONDEN ROAD |
| 5 Mar 2024 | £93,943 | £92,500 | 411 RIPPONDEN ROAD |
| 1 Dec 2023 | £139,280 | £135,000 | 10 RADCLIFFE ROAD |
| 28 Sep 2023 | £153,381 | £150,000 | 346 RIPPONDEN ROAD |
| 4 Sep 2023 | £151,336 | £148,000 | 20 ALBANY STREET |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 9 Feb 2015. Using an estimated price of £134,913 means this house is valued at £1,686 per sq meter (£156 per sq foot).
The average size of a house on RIPPONDEN ROAD is 89 sq meters (965 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Herbert Street |