£321,636
This estimated value is based upon the latest sale price for the house of £249,950 on 22 May 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£249,950 | 22 May 2017 |
£249,950 | 16 Jan 2009 |
£238,000 | 14 Jun 2004 |
£238,000 | 14 Jun 2004 |
£209,950 | 14 Apr 2003 |
£136,950 | 26 Jul 2000 |
Detached |
Leasehold |
Floor Area: 125 sq meters or 1,345 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 2017 the House Price Index for GREATER MANCHESTER was 115.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.680%.Applying this 28.680% change to the original purchase price of £249,950 results in an estimated price of approximately £321,636.
22 May 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
115.5 | 148.6 | 28.680 % | £249,950 | £71,686 | £321,636 |
The Postcode Pricing Model uses changes in average sales price within the OL15 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 | -0.350 % | £-874 | £249,075 |
3 Month Average | 18.981 % | £47,441 | £297,391 |
6 Month Average | 45.569 % | £113,899 | £363,849 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Mar 2024 | £75,000 | £75,000 | 17 CHARLES STREET |
24 Nov 2023 | £361,350 | £356,000 | 39 RIVERSTONE BRIDGE |
14 Jul 2023 | £136,842 | £135,000 | 2 CHARLES STREET |
28 Oct 2022 | £173,136 | £175,000 | 125 CHURCH STREET |
17 Sep 2021 | £387,933 | £360,000 | 60 RIVERSTONE BRIDGE |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 28 Apr 2014. Using an estimated price of £321,636 means this house is valued at £2,573 per sq meter (£239 per sq foot).
The average size of a house on RIVERSTONE BRIDGE is 115 sq meters (1,240 sq feet).