£19,365
This estimated value is based upon the latest sale price for the house of £12,195 on 20 Jul 2007. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £12,195 | 20 Jul 2007 |
| £111,500 | 19 Nov 2004 |
| £36,000 | 11 Dec 1998 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 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 2007 the House Price Index for GREATER MANCHESTER was 94.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.801%.Applying this 58.801% change to the original purchase price of £12,195 results in an estimated price of approximately £19,365.
| 20 Jul 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.3 | 149.7 | 58.801 % | £12,195 | £7,170 | £19,365 |
The Postcode Pricing Model uses changes in average sales price within the OL12 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 | 105.479 % | £12,863 | £25,058 |
| 3 Month Average | 63.430 % | £7,735 | £19,930 |
| 6 Month Average | 61.636 % | £7,516 | £19,711 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £165,000 | £165,000 | 9 BALFOUR ROAD |
| 22 Dec 2023 | £121,225 | £117,500 | 2 TRENGROVE STREET |
| 12 Dec 2023 | £92,853 | £90,000 | 5 RUPERT STREET |
| 29 Nov 2023 | £133,386 | £130,000 | 30 WOODSTOCK STREET |
| 13 Nov 2023 | £88,240 | £86,000 | 56 ROOLEY STREET |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 26 Feb 2014. Using an estimated price of £19,366 means this house is valued at £227 per sq meter (£21 per sq foot).
The average size of a house on RUPERT STREET is 86 sq meters (930 sq feet).