£92,492
This estimated value is based upon the latest sale price for the house of £25,000 on 18 Aug 2000. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £25,000 | 18 Aug 2000 |
| £21,000 | 31 Mar 1998 |
| £52,500 | 26 Nov 1996 |
| Terraced |
| Freehold |
| Floor Area: 134 sq meters or 1,442 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 August 2000 the House Price Index for GREATER MANCHESTER was 40.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 269.970%.Applying this 269.970% change to the original purchase price of £25,000 results in an estimated price of approximately £92,492.
| 18 Aug 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.2 | 148.6 | 269.970 % | £25,000 | £67,492 | £92,492 |
The Postcode Pricing Model uses changes in average sales price within the OL7 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 | 375.529 % | £93,882 | £118,882 |
| 3 Month Average | 387.632 % | £96,908 | £121,908 |
| 6 Month Average | 324.018 % | £81,004 | £106,004 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Mar 2024 | £157,000 | £157,000 | 35 MANCHESTER ROAD |
| 28 Sep 2023 | £141,813 | £140,000 | 45 MANCHESTER ROAD |
| 31 Mar 2023 | £151,427 | £150,000 | 86 RYECROFT STREET |
| 14 Mar 2023 | £103,980 | £103,000 | 42 EARLE STREET |
| 24 Feb 2023 | £142,904 | £143,000 | 5 BEECH GROVE |
This house has a floor area of 134 sq meters or 1,442 sq feet when measured on 18 Mar 2016. Using an estimated price of £92,493 means this house is valued at £690 per sq meter (£64 per sq foot).
The average size of a house on MANCHESTER ROAD is 158 sq meters (1,703 sq feet).