£100,405
This estimated value is based upon the latest sale price for the house of £60,000 on 26 Jul 2013. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £60,000 | 26 Jul 2013 |
| Terraced |
| Leasehold |
| Floor Area: 62 sq meters or 673 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 2013 the House Price Index for GREATER MANCHESTER was 89.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 67.342%.Applying this 67.342% change to the original purchase price of £60,000 results in an estimated price of approximately £100,405.
| 26 Jul 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.5 | 149.7 | 67.342 % | £60,000 | £40,405 | £100,405 |
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 | 71.016 % | £42,609 | £102,609 |
| 3 Month Average | 72.734 % | £43,640 | £103,640 |
| 6 Month Average | 72.495 % | £43,497 | £103,497 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £150,829 | £147,000 | 62 INCLINE ROAD |
| 9 Oct 2023 | £98,743 | £96,500 | 778 HOLLINS ROAD |
| 6 Sep 2023 | £84,871 | £83,000 | 3 JENNY STREET |
| 3 Aug 2023 | £79,433 | £78,000 | 738 HOLLINS ROAD |
| 1 Aug 2023 | £157,847 | £155,000 | 776 HOLLINS ROAD |
This house has a floor area of 62 sq meters or 673 sq feet when measured on 28 Mar 2009. Using an estimated price of £100,405 means this house is valued at £1,603 per sq meter (£149 per sq foot).
The average size of a house on INCLINE ROAD is 91 sq meters (980 sq feet).