£339,731
This estimated value is based upon the latest sale price for the house of £275,000 on 8 Mar 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£275,000 | 8 Mar 2019 |
£228,000 | 1 Dec 2014 |
£110,050 | 29 Jan 1999 |
Detached |
Leasehold |
Floor Area: 110 sq meters or 1,184 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 2019 the House Price Index for GREATER MANCHESTER was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.539%.Applying this 23.539% change to the original purchase price of £275,000 results in an estimated price of approximately £339,731.
8 Mar 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.6 | 23.539 % | £275,000 | £64,731 | £339,731 |
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 | -25.063 % | £-68,923 | £206,076 |
3 Month Average | 7.350 % | £20,213 | £295,213 |
6 Month Average | 45.014 % | £123,789 | £398,789 |
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 110 sq meters or 1,184 sq feet when measured on 1 Sep 2014. Using an estimated price of £339,732 means this house is valued at £3,088 per sq meter (£286 per sq foot).
The average size of a house on RIVERSTONE BRIDGE is 115 sq meters (1,240 sq feet).