£206,712
This estimated value is based upon the latest sale price for the house of £124,950 on 19 Jan 2007. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £124,950 | 19 Jan 2007 |
| Semi-Detached |
| Leasehold |
| Floor Area: 102 sq meters or 1,097 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 2007 the House Price Index for GREATER MANCHESTER was 90.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 65.436%.Applying this 65.436% change to the original purchase price of £124,950 results in an estimated price of approximately £206,712.
| 19 Jan 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.5 | 149.7 | 65.436 % | £124,950 | £81,762 | £206,712 |
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 | 37.111 % | £46,369 | £171,319 |
| 3 Month Average | 50.922 % | £63,627 | £188,577 |
| 6 Month Average | 46.617 % | £58,248 | £183,198 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £142,000 | £142,000 | 815 HOLLINS ROAD |
| 10 Oct 2023 | £139,161 | £136,000 | 19 SCHOOL ROAD |
| 18 Aug 2023 | £168,031 | £165,000 | 1 SCHOOL ROAD |
| 17 Aug 2023 | £239,316 | £235,000 | 54 MONTGOMERY STREET |
| 4 Aug 2023 | £169,558 | £166,500 | 38 CARNARVON STREET |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 30 Oct 2014. Using an estimated price of £206,713 means this house is valued at £2,026 per sq meter (£188 per sq foot).
The average size of a house on CARNARVON STREET is 105 sq meters (1,140 sq feet).