£218,223
This estimated value is based upon the latest sale price for the house of £162,500 on 27 May 2016. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£162,500 | 27 May 2016 |
Semi-Detached |
Freehold |
Floor Area: 113 sq meters or 1,216 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 May 2016 the House Price Index for GREATER MANCHESTER was 110.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 34.292%.Applying this 34.292% change to the original purchase price of £162,500 results in an estimated price of approximately £218,223.
27 May 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.7 | 148.6 | 34.292 % | £162,500 | £55,723 | £218,223 |
The Postcode Pricing Model uses changes in average sales price within the OL6 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 | 88.947 % | £144,538 | £307,038 |
3 Month Average | 55.691 % | £90,498 | £252,998 |
6 Month Average | 65.997 % | £107,244 | £269,744 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Sep 2023 | £295,782 | £292,000 | 110 BROADOAK ROAD |
1 Aug 2023 | £322,824 | £320,000 | 5 NORMAN ROAD |
7 Oct 2022 | £255,004 | £257,750 | 139 BROADOAK ROAD |
10 Jun 2022 | £218,082 | £215,000 | 2 ALT ROAD |
25 May 2022 | £254,852 | £250,050 | 16 POPLAR GROVE |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 27 Oct 2015. Using an estimated price of £218,224 means this house is valued at £1,931 per sq meter (£179 per sq foot).
The average size of a house on POPLAR GROVE is 112 sq meters (1,211 sq feet).
This house is the largest in the street with a floor area of 113 sq meters (1,216 sq feet).