£155,500
This estimated value is based upon the latest sale price for the house of £125,000 on 12 Sep 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£125,000 | 12 Sep 2018 |
£133,000 | 14 Nov 2014 |
£65,000 | 30 Mar 2001 |
£60,000 | 6 Oct 1997 |
Terraced |
Leasehold |
Floor Area: 72 sq meters or 775 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 2018 the House Price Index for GREATER MANCHESTER was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.401%.Applying this 24.401% change to the original purchase price of £125,000 results in an estimated price of approximately £155,500.
12 Sep 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.401 % | £125,000 | £30,500 | £155,500 |
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 | 7.050 % | £8,812 | £133,812 |
3 Month Average | 29.903 % | £37,378 | £162,378 |
6 Month Average | 29.423 % | £36,779 | £161,779 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Aug 2023 | £188,398 | £185,000 | 95 WHITELEES ROAD |
3 Mar 2023 | £254,246 | £250,000 | 46 FREDERICK STREET |
29 Jul 2022 | £252,480 | £249,950 | 15 SALTS DRIVE |
30 May 2022 | £182,761 | £178,000 | 139 WHITELEES ROAD |
4 May 2022 | £205,350 | £200,000 | 13 SALTS DRIVE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 15 Jul 2014. Using an estimated price of £155,501 means this house is valued at £2,159 per sq meter (£200 per sq foot).
The average size of a house on WHITELEES ROAD is 84 sq meters (911 sq feet).