£132,484
This estimated value is based upon the latest sale price for the house of £99,000 on 30 Sep 2016. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£99,000 | 30 Sep 2016 |
Terraced |
Leasehold |
Floor Area: 84 sq meters or 904 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 2016 the House Price Index for GREATER MANCHESTER was 111.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.822%.Applying this 33.822% change to the original purchase price of £99,000 results in an estimated price of approximately £132,484.
30 Sep 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.9 | 149.7 | 33.822 % | £99,000 | £33,484 | £132,484 |
The Postcode Pricing Model uses changes in average sales price within the OL10 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 | 91.561 % | £90,645 | £189,645 |
3 Month Average | 58.961 % | £58,371 | £157,371 |
6 Month Average | 49.524 % | £49,028 | £148,028 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Aug 2024 | £357,000 | £357,000 | 4 THORNBANK CLOSE |
8 May 2024 | £134,000 | £134,000 | 112 MIDDLETON ROAD |
8 Dec 2023 | £237,291 | £230,000 | 21 SYCAMORE AVENUE |
22 Sep 2023 | £153,381 | £150,000 | 98 MIDDLETON ROAD |
22 Sep 2023 | £219,049 | £214,220 | 125 MIDDLETON ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 10 Mar 2015. Using an estimated price of £132,484 means this house is valued at £1,577 per sq meter (£146 per sq foot).
The average size of a house on MIDDLETON ROAD is 94 sq meters (1,012 sq feet).