£135,835
This estimated value is based upon the latest sale price for the house of £110,000 on 21 Sep 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £110,000 | 21 Sep 2018 |
| £105,000 | 7 Oct 2011 |
| £110,000 | 14 Jan 2005 |
| £37,500 | 21 Jul 1999 |
| Terraced |
| Freehold |
| Floor Area: 45 sq meters or 485 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 September 2018 the House Price Index for GREATER MANCHESTER was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.487%.Applying this 23.487% change to the original purchase price of £110,000 results in an estimated price of approximately £135,835.
| 21 Sep 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.487 % | £110,000 | £25,835 | £135,835 |
The Postcode Pricing Model uses changes in average sales price within the OL4 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 | 27.828 % | £30,610 | £140,610 |
| 3 Month Average | 42.265 % | £46,491 | £156,491 |
| 6 Month Average | 23.774 % | £26,151 | £136,151 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £251,383 | £248,000 | 11 HIGHER COUNTHILL |
| 28 Apr 2023 | £179,432 | £177,500 | 99 HAVEN LANE |
| 30 Mar 2023 | £206,950 | £205,000 | 12 SORREL WAY |
| 3 Mar 2023 | £109,027 | £108,000 | 4 HAVEN LANE |
| 27 May 2022 | £142,689 | £140,000 | 13 HIGHER COUNTHILL |
This house has a floor area of 45 sq meters or 485 sq feet when measured on 15 Feb 2011. Using an estimated price of £135,835 means this house is valued at £3,013 per sq meter (£279 per sq foot).
The average size of a house on HIGHER COUNTHILL is 92 sq meters (990 sq feet).
This house is the smallest in the street with a floor area of 45 sq meters (485 sq feet).