£123,761
This estimated value is based upon the latest sale price for the house of £77,500 on 25 May 2007. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £77,500 | 25 May 2007 |
| £95,000 | 15 Dec 2006 |
| Terraced |
| Leasehold |
| Floor Area: 101 sq meters or 1,087 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 2007 the House Price Index for GREATER MANCHESTER was 93.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.693%.Applying this 59.693% change to the original purchase price of £77,500 results in an estimated price of approximately £123,761.
| 25 May 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.1 | 148.6 | 59.693 % | £77,500 | £46,261 | £123,761 |
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 | 81.959 % | £63,518 | £141,018 |
| 3 Month Average | 72.599 % | £56,264 | £133,764 |
| 6 Month Average | 35.230 % | £27,303 | £104,803 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £121,554 | £120,000 | 33 KINGSLEY ROAD |
| 27 Jun 2022 | £134,906 | £133,000 | 18 MELLING ROAD |
| 26 Nov 2021 | £138,434 | £128,000 | 23 TUNSTALL ROAD |
| 17 Sep 2021 | £107,759 | £100,000 | 22 TUNSTALL ROAD |
| 10 Nov 2020 | £86,952 | £75,000 | 22 MELLING ROAD |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 18 May 2015. Using an estimated price of £123,762 means this house is valued at £1,225 per sq meter (£113 per sq foot).
The average size of a house on THURLAND ROAD is 106 sq meters (1,141 sq feet).