£85,628
This estimated value is based upon the latest sale price for the house of £54,000 on 27 Mar 2014. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £54,000 | 27 Mar 2014 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 March 2014 the House Price Index for GREATER MANCHESTER was 94.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.571%.Applying this 58.571% change to the original purchase price of £54,000 results in an estimated price of approximately £85,628.
| 27 Mar 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.4 | 149.7 | 58.571 % | £54,000 | £31,628 | £85,628 |
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 | 80.483 % | £43,460 | £97,460 |
| 3 Month Average | 59.418 % | £32,085 | £86,085 |
| 6 Month Average | 59.896 % | £32,343 | £86,343 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £180,548 | £175,000 | 28 DUNBAR GROVE |
| 29 Nov 2023 | £143,646 | £140,000 | 2 SKYE CLOSE |
| 7 Nov 2023 | £71,823 | £70,000 | 17 ARGYLE PARADE |
| 8 Sep 2023 | £219,846 | £215,000 | 177B ARGYLE STREET |
| 4 Sep 2023 | £130,885 | £128,000 | 29 DUNBAR GROVE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 31 Mar 2015. Using an estimated price of £85,629 means this house is valued at £1,141 per sq meter (£106 per sq foot).