£117,672
This estimated value is based upon the latest sale price for the house of £115,000 on 16 Oct 2023. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £115,000 | 16 Oct 2023 |
| £92,500 | 14 Nov 2018 |
| £77,500 | 8 Dec 2015 |
| £74,950 | 25 Sep 2009 |
| Terraced |
| Leasehold |
| 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 October 2023 the House Price Index for GREATER MANCHESTER was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £115,000 results in an estimated price of approximately £117,672.
| 16 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £115,000 | £2,672 | £117,672 |
The Postcode Pricing Model uses changes in average sales price within the OL11 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 | -4.110 % | £-4,725 | £110,274 |
| 3 Month Average | 7.223 % | £8,306 | £123,306 |
| 6 Month Average | 8.004 % | £9,204 | £124,204 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Oct 2023 | £108,463 | £106,000 | 63 PARTINGTON STREET |
| 16 Oct 2023 | £117,673 | £115,000 | 82 PARTINGTON STREET |
| 5 Apr 2023 | £282,789 | £277,500 | 6 COVER DRIVE |
| 30 Mar 2023 | £183,057 | £180,000 | 18 COVER DRIVE |
| 22 Feb 2023 | £281,883 | £280,000 | 1 COVER DRIVE |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 2 Sep 2015. Using an estimated price of £117,673 means this house is valued at £1,929 per sq meter (£179 per sq foot).
The average size of a house on PARTINGTON STREET is 77 sq meters (836 sq feet).