£111,095
This estimated value is based upon the latest sale price for the house of £65,000 on 21 Mar 2012. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £65,000 | 21 Mar 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 March 2012 the House Price Index for GREATER MANCHESTER was 86.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.916%.Applying this 70.916% change to the original purchase price of £65,000 results in an estimated price of approximately £111,095.
| 21 Mar 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.9 | 148.6 | 70.916 % | £65,000 | £46,095 | £111,095 |
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 | 27.728 % | £18,023 | £83,023 |
| 3 Month Average | 53.136 % | £34,538 | £99,538 |
| 6 Month Average | 72.675 % | £47,238 | £112,238 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £142,493 | £140,000 | 74 DRAKE ROAD |
| 1 Dec 2023 | £225,445 | £221,500 | 13 CALDERBROOK TERRACE |
| 29 Nov 2023 | £106,578 | £105,000 | 35 ROCK NOOK |
| 10 Nov 2023 | £101,503 | £100,000 | 19 BARNES MEADOWS |
| 4 Aug 2023 | £197,730 | £196,000 | 6 PAUL ROW |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 20 Jul 2021. Using an estimated price of £111,096 means this house is valued at £1,461 per sq meter (£135 per sq foot).
The average size of a house on BARNES MEADOWS is 79 sq meters (855 sq feet).