£102,858
This estimated value is based upon the latest sale price for the house of £83,000 on 27 Jul 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£83,000 | 27 Jul 2018 |
£65,000 | 26 Jul 2013 |
£74,000 | 31 May 2005 |
Terraced |
Freehold |
Floor Area: 59 sq meters or 635 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 2018 the House Price Index for GREATER MANCHESTER was 119.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.926%.Applying this 23.926% change to the original purchase price of £83,000 results in an estimated price of approximately £102,858.
27 Jul 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.9 | 148.6 | 23.926 % | £83,000 | £19,858 | £102,858 |
The Postcode Pricing Model uses changes in average sales price within the OL7 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 | 77.942 % | £64,692 | £147,692 |
3 Month Average | 49.134 % | £40,781 | £123,781 |
6 Month Average | 40.854 % | £33,908 | £116,908 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £126,878 | £125,000 | 6 BRADBURY STREET |
30 Nov 2023 | £97,443 | £96,000 | 101 MINTO STREET |
18 Aug 2023 | £105,927 | £105,000 | 214 OLDHAM ROAD |
29 Apr 2022 | £139,023 | £135,000 | 66 MINTO STREET |
19 Apr 2022 | £133,874 | £130,000 | 59 ELGIN STREET |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 23 Jan 2020. Using an estimated price of £102,858 means this house is valued at £1,743 per sq meter (£161 per sq foot).
The average size of a house on MINTO STREET is 72 sq meters (782 sq feet).