£168,602
This estimated value is based upon the latest sale price for the house of £92,500 on 31 Jul 2009. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£92,500 | 31 Jul 2009 |
£52,950 | 3 Jul 2002 |
Terraced |
Leasehold |
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 July 2009 the House Price Index for GREATER MANCHESTER was 81.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 82.273%.Applying this 82.273% change to the original purchase price of £92,500 results in an estimated price of approximately £168,602.
31 Jul 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
81.5 | 148.6 | 82.273 % | £92,500 | £76,102 | £168,602 |
The Postcode Pricing Model uses changes in average sales price within the OL4 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 | 107.919 % | £99,824 | £192,324 |
3 Month Average | 85.120 % | £78,736 | £171,236 |
6 Month Average | 47.664 % | £44,089 | £136,589 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Aug 2023 | £226,986 | £225,000 | 5 GLEN ROAD |
16 Jun 2022 | £110,562 | £109,000 | 8 EASTERDALE |
17 Mar 2022 | £124,351 | £120,000 | 89 ERIC STREET |
4 Mar 2022 | £77,720 | £75,000 | 70 CLARKSFIELD ROAD |
23 Dec 2020 | £97,556 | £85,000 | 122 RONALD STREET |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 13 May 2019. Using an estimated price of £168,602 means this house is valued at £2,081 per sq meter (£193 per sq foot).
The average size of a house on EASTERDALE is 110 sq meters (1,187 sq feet).