£126,881
This estimated value is based upon the latest sale price for the house of £25,000 on 7 Aug 1997. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £25,000 | 7 Aug 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 124 sq meters or 1,334 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 1997 the House Price Index for GREATER MANCHESTER was 29.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 407.526%.Applying this 407.526% change to the original purchase price of £25,000 results in an estimated price of approximately £126,881.
| 7 Aug 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.5 | 149.7 | 407.526 % | £25,000 | £101,881 | £126,881 |
The Postcode Pricing Model uses changes in average sales price within the BL1 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 | 198.320 % | £49,580 | £74,580 |
| 3 Month Average | 229.240 % | £57,310 | £82,310 |
| 6 Month Average | 264.699 % | £66,174 | £91,174 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £132,028 | £130,000 | 26 OLLERTON STREET |
| 27 Mar 2024 | £177,731 | £175,000 | 33 PARK VIEW |
| 29 Sep 2023 | £288,357 | £282,000 | 30 PARK VIEW |
| 22 Jun 2023 | £234,703 | £230,000 | 45 OLLERTON TERRACE |
| 21 Apr 2023 | £191,583 | £188,000 | 19 OLLERTON TERRACE |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 17 Nov 2014. Using an estimated price of £126,882 means this house is valued at £1,023 per sq meter (£95 per sq foot).
The average size of a house on ANDREW LANE is 177 sq meters (1,907 sq feet).