£120,055
This estimated value is based upon the latest sale price for the house of £84,000 on 7 Aug 2015. 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 | 7 Aug 2015 |
| £79,950 | 17 Dec 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 August 2015 the House Price Index for GREATER MANCHESTER was 104.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 42.923%.Applying this 42.923% change to the original purchase price of £84,000 results in an estimated price of approximately £120,055.
| 7 Aug 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 148.6 | 42.923 % | £84,000 | £36,055 | £120,055 |
The Postcode Pricing Model uses changes in average sales price within the M9 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 | 185.716 % | £156,001 | £240,001 |
| 3 Month Average | 47.613 % | £39,994 | £123,994 |
| 6 Month Average | 31.500 % | £26,459 | £110,459 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £143,626 | £141,500 | 8 LEA DRIVE |
| 8 Sep 2023 | £189,422 | £187,000 | 50 OSTERLEY ROAD |
| 31 Jul 2023 | £192,592 | £190,000 | 11 WEYBOURNE AVENUE |
| 28 Jun 2023 | £187,268 | £185,000 | 53 GRANGE PARK ROAD |
| 26 Jan 2023 | £209,015 | £210,000 | 45 GRANGE PARK ROAD |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 12 Apr 2018. Using an estimated price of £120,055 means this house is valued at £1,154 per sq meter (£107 per sq foot).
The average size of a house on OSTERLEY ROAD is 92 sq meters (1,000 sq feet).
This house is the largest in the street with a floor area of 104 sq meters (1,119 sq feet).