£97,435
This estimated value is based upon the latest sale price for the house of £95,000 on 22 Apr 2022. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £95,000 | 22 Apr 2022 |
| £45,500 | 19 Feb 2016 |
| £17,000 | 1 Nov 2002 |
| Terraced |
| Leasehold |
| Floor Area: 87 sq meters or 936 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 April 2022 the House Price Index for GREATER MANCHESTER was 144.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 2.564%.Applying this 2.564% change to the original purchase price of £95,000 results in an estimated price of approximately £97,435.
| 22 Apr 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 148.0 | 2.564 % | £95,000 | £2,435 | £97,435 |
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 | -54.258 % | £-51,545 | £43,454 |
| 3 Month Average | -5.308 % | £-5,042 | £89,957 |
| 6 Month Average | 0.628 % | £596 | £95,596 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £148,912 | £147,000 | 62 INCLINE ROAD |
| 3 Aug 2023 | £78,477 | £78,000 | 738 HOLLINS ROAD |
| 1 Aug 2023 | £155,948 | £155,000 | 776 HOLLINS ROAD |
| 24 Jul 2023 | £106,003 | £105,000 | 7 ARGUS STREET |
| 28 Apr 2023 | £116,869 | £116,000 | 772 HOLLINS ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 12 Jul 2017. Using an estimated price of £97,436 means this house is valued at £1,119 per sq meter (£104 per sq foot).
The average size of a house on HOLLINS ROAD is 79 sq meters (857 sq feet).