£191,891
This estimated value is based upon the latest sale price for the house of £152,000 on 16 Mar 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £152,000 | 16 Mar 2018 |
| Terraced |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 2018 the House Price Index for GREATER MANCHESTER was 118.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.245%.Applying this 26.245% change to the original purchase price of £152,000 results in an estimated price of approximately £191,891.
| 16 Mar 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 149.7 | 26.245 % | £152,000 | £39,891 | £191,891 |
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 | 52.291 % | £79,482 | £231,482 |
| 3 Month Average | 67.299 % | £102,294 | £254,294 |
| 6 Month Average | 48.864 % | £74,273 | £226,273 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £112,556 | £110,000 | 1 KENNEDY STREET |
| 18 Feb 2022 | £132,057 | £125,000 | 15 KINGSWAY CLOSE |
| 15 Feb 2022 | £68,670 | £65,000 | 173 LEE STREET |
| 9 Dec 2021 | £134,913 | £125,000 | 7 PRIMROSE WALK |
| 2 Oct 2020 | £141,812 | £120,000 | 164 LEE STREET |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 16 Oct 2017. Using an estimated price of £191,892 means this house is valued at £1,863 per sq meter (£173 per sq foot).
The average size of a house on PRIMROSE BANK is 115 sq meters (1,241 sq feet).