£325,817
This estimated value is based upon the latest sale price for the house of £259,995 on 27 Mar 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£259,995 | 27 Mar 2018 |
Detached |
Leasehold |
Floor Area: 111 sq meters or 1,194 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 2018 the House Price Index for GREATER MANCHESTER was 118.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.317%.Applying this 25.317% change to the original purchase price of £259,995 results in an estimated price of approximately £325,817.
27 Mar 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.6 | 148.6 | 25.317 % | £259,995 | £65,822 | £325,817 |
The Postcode Pricing Model uses changes in average sales price within the OL16 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 | 66.097 % | £171,848 | £431,843 |
3 Month Average | 9.319 % | £24,227 | £284,222 |
6 Month Average | 26.555 % | £69,041 | £329,036 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £236,132 | £232,000 | 33 GEORGE STREET |
8 Dec 2023 | £325,699 | £320,000 | 55 TARNSIDE CLOSE |
24 Aug 2023 | £111,223 | £110,250 | 69 TARNSIDE CLOSE |
5 Jul 2023 | £339,570 | £335,000 | 99 TARNSIDE CLOSE |
14 Jun 2023 | £344,169 | £340,000 | 40 GEORGE STREET |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 5 Dec 2017. Using an estimated price of £325,818 means this house is valued at £2,935 per sq meter (£272 per sq foot).
The average size of a house on TARNSIDE CLOSE is 109 sq meters (1,173 sq feet).