£102,408
This estimated value is based upon the latest sale price for the house of £83,500 on 28 Nov 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £83,500 | 28 Nov 2019 |
| £45,000 | 17 Oct 2002 |
| £34,000 | 20 Mar 1998 |
| Semi-Detached |
| Leasehold |
| Floor Area: 55 sq meters or 592 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 November 2019 the House Price Index for GREATER MANCHESTER was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £83,500 results in an estimated price of approximately £102,408.
| 28 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £83,500 | £18,908 | £102,408 |
The Postcode Pricing Model uses changes in average sales price within the OL11 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 | 18.098 % | £15,112 | £98,612 |
| 3 Month Average | 28.215 % | £23,559 | £107,059 |
| 6 Month Average | 17.616 % | £14,709 | £98,209 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Apr 2023 | £128,382 | £127,000 | 12 OAKLAND TERRACE |
| 11 Nov 2022 | £419,914 | £425,000 | 1 SACKVILLE STREET |
| 5 Sep 2022 | £136,895 | £138,000 | 45 HEYWOOD ROAD |
| 5 Aug 2022 | £66,820 | £67,000 | 2 BUCKLEY BARN COURT HEAPE STREET |
| 25 Jul 2022 | £210,567 | £210,000 | 96 FAIRWAY |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 27 Aug 2019. Using an estimated price of £102,408 means this house is valued at £1,861 per sq meter (£172 per sq foot).
The average size of a house on OAKLAND TERRACE is 78 sq meters (846 sq feet).