£169,175
This estimated value is based upon the latest sale price for the house of £135,000 on 21 Jun 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £135,000 | 21 Jun 2018 |
| £115,000 | 4 Sep 2017 |
| Semi-Detached |
| Leasehold |
| Floor Area: 40 sq meters or 430 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 June 2018 the House Price Index for GREATER MANCHESTER was 119.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.315%.Applying this 25.315% change to the original purchase price of £135,000 results in an estimated price of approximately £169,175.
| 21 Jun 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 149.7 | 25.315 % | £135,000 | £34,175 | £169,175 |
The Postcode Pricing Model uses changes in average sales price within the OL16 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 | 51.240 % | £69,174 | £204,174 |
| 3 Month Average | 46.216 % | £62,392 | £197,392 |
| 6 Month Average | 21.883 % | £29,542 | £164,542 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Mar 2023 | £172,836 | £169,950 | 1 KATHAN CLOSE |
| 5 Jan 2023 | £218,584 | £218,000 | 213 MILNROW ROAD |
| 26 Aug 2022 | £180,846 | £180,000 | 9 KATHAN CLOSE |
| 6 Jul 2022 | £90,911 | £90,000 | 8 WAITHLANDS ROAD |
| 28 Jan 2022 | £161,150 | £152,000 | 222 MILNROW ROAD |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 11 Aug 2015. Using an estimated price of £169,175 means this house is valued at £4,229 per sq meter (£392 per sq foot).
The average size of a house on KATHAN CLOSE is 61 sq meters (658 sq feet).
This house is the smallest in the street with a floor area of 40 sq meters (430 sq feet).