£87,233
This estimated value is based upon the latest sale price for the house of £88,000 on 25 Jan 2023. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£88,000 | 25 Jan 2023 |
£38,000 | 10 Mar 2015 |
£55,000 | 24 Mar 2005 |
Terraced |
Freehold |
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 January 2023 the House Price Index for GREATER MANCHESTER was 149.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -0.871%.Applying this -0.871% change to the original purchase price of £88,000 results in an estimated price of approximately £87,233.
25 Jan 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
149.3 | 148.0 | -0.871 % | £88,000 | £-766 | £87,233 |
The Postcode Pricing Model uses changes in average sales price within the OL9 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 | -33.376 % | £-29,371 | £58,628 |
3 Month Average | -6.614 % | £-5,820 | £82,179 |
6 Month Average | -2.537 % | £-2,232 | £85,767 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Jan 2023 | £87,234 | £88,000 | 61 OXFORD STREET |
3 Nov 2022 | £113,165 | £115,000 | 66 OXFORD STREET |
24 May 2022 | £87,298 | £86,000 | 19 DORSET STREET |
9 Mar 2022 | £72,245 | £70,000 | 121 OXFORD STREET |
23 Dec 2021 | £90,699 | £85,000 | 15 CHESTER STREET |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 10 Dec 2018. Using an estimated price of £87,234 means this house is valued at £1,282 per sq meter (£119 per sq foot).
The average size of a house on OXFORD STREET is 90 sq meters (976 sq feet).