£136,256
This estimated value is based upon the latest sale price for the house of £80,000 on 13 Sep 2006. 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 | 13 Sep 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 September 2006 the House Price Index for GREATER MANCHESTER was 87.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.321%.Applying this 70.321% change to the original purchase price of £80,000 results in an estimated price of approximately £136,256.
| 13 Sep 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 148.6 | 70.321 % | £80,000 | £56,256 | £136,256 |
The Postcode Pricing Model uses changes in average sales price within the M40 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 | 317.912 % | £254,329 | £334,329 |
| 3 Month Average | 102.451 % | £81,960 | £161,960 |
| 6 Month Average | 89.290 % | £71,432 | £151,432 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £389,721 | £385,000 | 26 MELLOR STREET |
| 24 Mar 2023 | £388,662 | £385,000 | 51 BUTLER STREET |
| 6 Jan 2023 | £358,312 | £360,000 | 55 BUTLER STREET |
| 18 Nov 2022 | £365,572 | £370,000 | 1 LOSTOCK STREET |
| 11 Jul 2022 | £125,738 | £125,400 | 6 NAYLOR STREET |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 12 Sep 2019. Using an estimated price of £136,257 means this house is valued at £1,250 per sq meter (£116 per sq foot).
The average size of a house on OLDBURY CLOSE is 153 sq meters (1,646 sq feet).
This house is the largest in the street with a floor area of 109 sq meters (1,173 sq feet).