£98,410
This estimated value is based upon the latest sale price for the house of £85,000 on 2 Jul 2021. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £85,000 | 2 Jul 2021 |
| £49,000 | 25 Nov 2004 |
| Terraced |
| Leasehold |
| Floor Area: 82 sq meters or 882 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 July 2021 the House Price Index for GREATER MANCHESTER was 129.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.777%.Applying this 15.777% change to the original purchase price of £85,000 results in an estimated price of approximately £98,410.
| 2 Jul 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 149.7 | 15.777 % | £85,000 | £13,410 | £98,410 |
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 | 6.229 % | £5,294 | £90,294 |
| 3 Month Average | 20.167 % | £17,142 | £102,142 |
| 6 Month Average | 35.246 % | £29,958 | £114,958 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Apr 2024 | £50,438 | £50,000 | 482 ASHTON ROAD |
| 1 Sep 2023 | £76,691 | £75,000 | 45 FOREST STREET |
| 1 Mar 2023 | £102,766 | £101,050 | 484 ASHTON ROAD |
| 24 Feb 2023 | £75,504 | £75,000 | 24 ALTON STREET |
| 13 Feb 2023 | £116,780 | £116,000 | 453 ASHTON ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 5 Aug 2014. Using an estimated price of £98,411 means this house is valued at £1,200 per sq meter (£111 per sq foot).
The average size of a house on ASHTON ROAD is 79 sq meters (850 sq feet).