£146,467
This estimated value is based upon the latest sale price for the house of £145,000 on 29 Jul 2022. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £145,000 | 29 Jul 2022 |
| £115,750 | 30 Mar 2007 |
| £80,000 | 15 Dec 2006 |
| Semi-Detached |
| Leasehold |
| Floor Area: 56 sq meters or 602 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 2022 the House Price Index for GREATER MANCHESTER was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £145,000 results in an estimated price of approximately £146,467.
| 29 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 149.7 | 1.012 % | £145,000 | £1,467 | £146,467 |
The Postcode Pricing Model uses changes in average sales price within the OL16 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 | -5.682 % | £-8,238 | £136,761 |
| 3 Month Average | 7.718 % | £11,190 | £156,190 |
| 6 Month Average | 8.794 % | £12,751 | £157,751 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Aug 2023 | £176,178 | £173,000 | 28 WILLOWS LANE |
| 26 Jun 2023 | £168,374 | £165,000 | 36 PRINCESS ROAD |
| 16 Jun 2023 | £147,965 | £145,000 | 43 PRINCESS ROAD |
| 10 Feb 2023 | £157,552 | £156,500 | 71 WILLOWS LANE |
| 27 Jan 2023 | £125,335 | £125,000 | 6 PRINCESS ROAD |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 24 May 2017. Using an estimated price of £146,468 means this house is valued at £2,615 per sq meter (£242 per sq foot).
The average size of a house on PRINCESS ROAD is 72 sq meters (778 sq feet).