£153,680
This estimated value is based upon the latest sale price for the house of £121,000 on 30 Aug 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £121,000 | 30 Aug 2017 |
| £145,000 | 12 Jan 2007 |
| £124,950 | 29 Oct 2004 |
| £87,365 | 14 Nov 2003 |
| Terraced |
| Freehold |
| Floor Area: 123 sq meters or 1,323 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 August 2017 the House Price Index for GREATER MANCHESTER was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £121,000 results in an estimated price of approximately £153,680.
| 30 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 148.6 | 27.009 % | £121,000 | £32,680 | £153,680 |
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 | -14.185 % | £-17,163 | £103,836 |
| 3 Month Average | 5.391 % | £6,522 | £127,522 |
| 6 Month Average | 30.555 % | £36,971 | £157,971 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £225,445 | £221,500 | 13 CALDERBROOK TERRACE |
| 1 Dec 2023 | £142,493 | £140,000 | 74 DRAKE ROAD |
| 29 Nov 2023 | £106,578 | £105,000 | 35 ROCK NOOK |
| 10 Nov 2023 | £101,503 | £100,000 | 19 BARNES MEADOWS |
| 3 Mar 2023 | £137,293 | £136,000 | 18 DRAKE ROAD |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 11 Mar 2014. Using an estimated price of £153,681 means this house is valued at £1,249 per sq meter (£116 per sq foot).
There is one other house on the street which we know the size of, this is 11 CALDERBROOK TERRACE it is 89.0