£121,523
This estimated value is based upon the latest sale price for the house of £74,000 on 2 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 |
|---|---|
| £74,000 | 2 Jan 2007 |
| £40,000 | 26 Mar 2004 |
| £24,250 | 8 Jan 1999 |
| Terraced |
| Leasehold |
| Floor Area: 67 sq meters or 721 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 Mar 2024 is 148.6 which is a change of 64.221%.Applying this 64.221% change to the original purchase price of £74,000 results in an estimated price of approximately £121,523.
| 2 Jan 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.5 | 148.6 | 64.221 % | £74,000 | £47,523 | £121,523 |
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 | 33.863 % | £25,058 | £99,058 |
| 3 Month Average | 18.098 % | £13,392 | £87,392 |
| 6 Month Average | 31.305 % | £23,165 | £97,165 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Mar 2023 | £2,692,870 | £2,667,500 | 295 FEATHERSTALL ROAD NORTH |
| 8 Aug 2022 | £126,659 | £127,000 | 31 MITCHELL STREET |
| 29 Jul 2021 | £91,941 | £80,000 | 133 WARD STREET |
| 17 Dec 2020 | £142,316 | £124,000 | 4 ST HILDAS DRIVE |
| 26 Oct 2020 | £59,827 | £51,000 | 48 MITCHELL STREET |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 6 Oct 2017. Using an estimated price of £121,523 means this house is valued at £1,813 per sq meter (£168 per sq foot).
The average size of a house on RIPON STREET is 124 sq meters (1,341 sq feet).
This house is the smallest in the street with a floor area of 67 sq meters (721 sq feet).