£74,962
This estimated value is based upon the latest sale price for the house of £45,000 on 20 Aug 2013. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £45,000 | 20 Aug 2013 |
| Terraced |
| Freehold |
| Floor Area: 61 sq meters or 656 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 August 2013 the House Price Index for GREATER MANCHESTER was 89.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 66.584%.Applying this 66.584% change to the original purchase price of £45,000 results in an estimated price of approximately £74,962.
| 20 Aug 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.9 | 149.7 | 66.584 % | £45,000 | £29,962 | £74,962 |
The Postcode Pricing Model uses changes in average sales price within the OL10 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 | 73.224 % | £32,950 | £77,950 |
| 3 Month Average | 49.970 % | £22,486 | £67,486 |
| 6 Month Average | 50.291 % | £22,631 | £67,631 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £133,386 | £130,000 | 197 WEST STARKEY STREET |
| 21 Apr 2023 | £134,516 | £132,000 | 48 ABBEY CRESCENT |
| 21 Apr 2023 | £91,715 | £90,000 | 81 PEEL LANE |
| 31 Mar 2023 | £96,613 | £95,000 | 1 LIME GROVE |
| 17 Mar 2023 | £157,632 | £155,000 | 79 CEDAR AVENUE |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 20 Nov 2019. Using an estimated price of £74,963 means this house is valued at £1,228 per sq meter (£114 per sq foot).