£112,657
This estimated value is based upon the latest sale price for the house of £105,000 on 21 Jun 2021. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £105,000 | 21 Jun 2021 |
| £88,000 | 24 Mar 2016 |
| £73,750 | 31 Aug 2007 |
| £80,000 | 16 Jun 2005 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 June 2021 the House Price Index for GREATER MANCHESTER was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £105,000 results in an estimated price of approximately £112,657.
| 21 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.6 | 7.292 % | £105,000 | £7,657 | £112,657 |
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 | 121.696 % | £127,780 | £232,780 |
| 3 Month Average | 13.064 % | £13,717 | £118,717 |
| 6 Month Average | 22.321 % | £23,436 | £128,436 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £236,132 | £232,000 | 33 GEORGE STREET |
| 14 Jun 2023 | £344,169 | £340,000 | 40 GEORGE STREET |
| 10 Jan 2023 | £159,250 | £160,000 | 16 GREENGATE CLOSE |
| 5 Jan 2023 | £154,273 | £155,000 | 19 TITHEBARN CLOSE |
| 8 Jul 2022 | £272,233 | £271,500 | 43 GEORGE STREET |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 28 Feb 2015. Using an estimated price of £112,657 means this house is valued at £1,463 per sq meter (£135 per sq foot).
The average size of a house on HALIFAX ROAD is 91 sq meters (987 sq feet).