£92,606
This estimated value is based upon the latest sale price for the house of £50,000 on 15 Jul 2005. 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 |
|---|---|
| £50,000 | 15 Jul 2005 |
| £30,000 | 17 Nov 2000 |
| £10,000 | 10 Dec 1999 |
| Terraced |
| Leasehold |
| Floor Area: 68 sq meters or 731 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 2005 the House Price Index for GREATER MANCHESTER was 80.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 85.214%.Applying this 85.214% change to the original purchase price of £50,000 results in an estimated price of approximately £92,606.
| 15 Jul 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.8 | 149.7 | 85.214 % | £50,000 | £42,606 | £92,606 |
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 | 110.985 % | £55,492 | £105,492 |
| 3 Month Average | 105.864 % | £52,932 | £102,932 |
| 6 Month Average | 119.084 % | £59,541 | £109,541 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £132,897 | £130,500 | 25 RANDOLPH STREET |
| 9 Jun 2023 | £117,352 | £115,000 | 4 CUMMINGS STREET |
| 27 Feb 2023 | £81,545 | £81,000 | 9 CUMMINGS STREET |
| 16 Feb 2023 | £118,743 | £117,950 | 587 HOLLINS ROAD |
| 13 Jan 2023 | £120,321 | £120,000 | 3 WALKERS ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 12 Jun 2014. Using an estimated price of £92,607 means this house is valued at £1,361 per sq meter (£126 per sq foot).
The average size of a house on HOLLINS ROAD is 79 sq meters (857 sq feet).