£106,658
This estimated value is based upon the latest sale price for the house of £84,000 on 4 Jul 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £84,000 | 4 Jul 2017 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 July 2017 the House Price Index for GREATER MANCHESTER was 116.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 26.974%.Applying this 26.974% change to the original purchase price of £84,000 results in an estimated price of approximately £106,658.
| 4 Jul 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 148.0 | 26.974 % | £84,000 | £22,658 | £106,658 |
The Postcode Pricing Model uses changes in average sales price within the OL1 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 | 59.833 % | £50,260 | £134,260 |
| 3 Month Average | 53.923 % | £45,295 | £129,295 |
| 6 Month Average | 30.020 % | £25,216 | £109,216 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £191,162 | £190,000 | 16 LONDON ROAD |
| 3 Apr 2023 | £181,348 | £180,000 | 10 CRABTREE ROAD |
| 27 Feb 2023 | £149,294 | £150,000 | 77 LONDON ROAD |
| 8 Feb 2023 | £134,364 | £135,000 | 41 HOPKIN AVENUE |
| 27 May 2022 | £197,942 | £195,000 | 27 LONDON ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 13 Mar 2017. Using an estimated price of £106,658 means this house is valued at £1,523 per sq meter (£141 per sq foot).
The average size of a house on CRABTREE ROAD is 82 sq meters (886 sq feet).