£254,556
This estimated value is based upon the latest sale price for the house of £194,950 on 3 Mar 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £194,950 | 3 Mar 2017 |
| £77,000 | 2 Jul 2001 |
| Terraced |
| Leasehold |
| Floor Area: 105 sq meters or 1,130 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 2017 the House Price Index for GREATER MANCHESTER was 114.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.575%.Applying this 30.575% change to the original purchase price of £194,950 results in an estimated price of approximately £254,556.
| 3 Mar 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 149.7 | 30.575 % | £194,950 | £59,606 | £254,556 |
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 | 62.913 % | £122,649 | £317,599 |
| 3 Month Average | 59.455 % | £115,907 | £310,857 |
| 6 Month Average | 54.889 % | £107,005 | £301,955 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Jun 2024 | £195,000 | £195,000 | 30 WARREN LANE |
| 25 Sep 2023 | £204,508 | £200,000 | 9 FINSBURY CLOSE |
| 10 Jan 2022 | £139,946 | £132,000 | 83 NETHERHEY STREET |
| 5 Jan 2022 | £203,028 | £191,500 | 50 WARREN LANE |
| 7 Dec 2021 | £3,238 | £3,000 | 87 NETHERHEY STREET |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 22 Aug 2016. Using an estimated price of £254,557 means this house is valued at £2,424 per sq meter (£225 per sq foot).
The average size of a house on WARREN LANE is 83 sq meters (897 sq feet).