£87,428
This estimated value is based upon the latest sale price for the house of £30,000 on 10 May 2002. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £30,000 | 10 May 2002 |
| Terraced |
| Freehold |
| Floor Area: 92 sq meters or 990 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 May 2002 the House Price Index for GREATER MANCHESTER was 51.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 191.428%.Applying this 191.428% change to the original purchase price of £30,000 results in an estimated price of approximately £87,428.
| 10 May 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 51.0 | 148.6 | 191.428 % | £30,000 | £57,428 | £87,428 |
The Postcode Pricing Model uses changes in average sales price within the OL4 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 | 307.386 % | £92,215 | £122,215 |
| 3 Month Average | 306.890 % | £92,067 | £122,067 |
| 6 Month Average | 230.062 % | £69,018 | £99,018 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £76,336 | £75,000 | 91 RAPER STREET |
| 4 Jul 2023 | £106,432 | £105,000 | 118 RAPER STREET |
| 21 Mar 2023 | £79,751 | £79,000 | 100 RAPER STREET |
| 24 Feb 2023 | £136,908 | £137,000 | 23 SPRING STREET |
| 4 Mar 2022 | £77,720 | £75,000 | 46 SPRING STREET |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 9 Jan 2014. Using an estimated price of £87,428 means this house is valued at £950 per sq meter (£88 per sq foot).
The average size of a house on SPRING STREET is 84 sq meters (913 sq feet).