£193,231
This estimated value is based upon the latest sale price for the house of £178,000 on 17 Sep 2021. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £178,000 | 17 Sep 2021 |
| Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 2021 the House Price Index for GREATER MANCHESTER was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £178,000 results in an estimated price of approximately £193,231.
| 17 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £178,000 | £15,231 | £193,231 |
The Postcode Pricing Model uses changes in average sales price within the SK2 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 | 8.183 % | £14,566 | £192,566 |
| 3 Month Average | 7.242 % | £12,890 | £190,890 |
| 6 Month Average | 4.044 % | £7,198 | £185,198 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jul 2024 | £130,000 | £130,000 | 63 BROADWAY |
| 24 May 2024 | £230,000 | £230,000 | 29 HAYBURN ROAD |
| 13 Dec 2023 | £257,926 | £250,000 | 66 BROADWAY |
| 29 Sep 2023 | £243,365 | £238,000 | 18 FILEY ROAD |
| 18 Aug 2023 | £386,980 | £380,000 | 1 MAYER STREET |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 16 Aug 2021. Using an estimated price of £193,231 means this house is valued at £2,385 per sq meter (£221 per sq foot).
The average size of a house on OFFERTON FOLD is 86 sq meters (928 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Elder Close |