£280,805
This estimated value is based upon the latest sale price for the house of £162,475 on 18 Dec 2009. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £162,475 | 18 Dec 2009 |
| £185,000 | 29 Jun 2007 |
| £75,500 | 6 Nov 2000 |
| Detached |
| Freehold |
| Floor Area: 63 sq meters or 686 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 December 2009 the House Price Index for GREATER MANCHESTER was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.830%.Applying this 72.830% change to the original purchase price of £162,475 results in an estimated price of approximately £280,805.
| 18 Dec 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.830 % | £162,475 | £118,330 | £280,805 |
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 | -1.300 % | £-2,112 | £160,362 |
| 3 Month Average | 19.017 % | £30,898 | £193,373 |
| 6 Month Average | 55.997 % | £90,981 | £253,456 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £240,203 | £236,000 | 1 DORSET CLOSE |
| 29 Sep 2023 | £160,046 | £158,000 | 30 LINCOLN WALK |
| 1 Sep 2023 | £177,267 | £175,000 | 29 BURY OLD ROAD |
| 14 Aug 2023 | £282,471 | £280,000 | 51 BURY OLD ROAD |
| 3 Mar 2023 | £262,473 | £260,000 | 50 BURY OLD ROAD |
This house has a floor area of 63 sq meters or 686 sq feet when measured on 8 Dec 2009. Using an estimated price of £280,805 means this house is valued at £4,404 per sq meter (£409 per sq foot).
The average size of a house on DORSET CLOSE is 98 sq meters (1,065 sq feet).
This house is the smallest in the street with a floor area of 63 sq meters (686 sq feet).