£137,182
This estimated value is based upon the latest sale price for the house of £80,000 on 20 Jul 2012. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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HQ Salford, Clippers Quay, Manchester, M50 3XP
Phone: 01615062781
| Price Paid | Date |
|---|---|
| £80,000 | 20 Jul 2012 |
| £44,000 | 29 Sep 2000 |
| £40,500 | 4 Jul 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 57 sq meters or 613 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 July 2012 the House Price Index for GREATER MANCHESTER was 87.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.478%.Applying this 71.478% change to the original purchase price of £80,000 results in an estimated price of approximately £137,182.
| 20 Jul 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 149.7 | 71.478 % | £80,000 | £57,182 | £137,182 |
The Postcode Pricing Model uses changes in average sales price within the M12 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 | 87.844 % | £70,275 | £150,275 |
| 3 Month Average | 159.173 % | £127,338 | £207,338 |
| 6 Month Average | 130.948 % | £104,758 | £184,758 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Aug 2023 | £244,408 | £240,000 | 7 THORALBY CLOSE |
| 15 Mar 2023 | £355,944 | £350,000 | 1 PEEL GROVE |
| 1 Aug 2022 | £160,752 | £160,000 | 11 COLLINGTON CLOSE |
| 17 Jun 2022 | £260,570 | £255,000 | 1 COLLINGTON CLOSE |
| 16 Dec 2021 | £120,882 | £112,000 | 1 TINSHILL CLOSE |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 12 May 2012. Using an estimated price of £137,182 means this house is valued at £2,406 per sq meter (£223 per sq foot).
The average size of a house on OADBY CLOSE is 77 sq meters (833 sq feet).