£195,143
This estimated value is based upon the latest sale price for the house of £148,995 on 24 Feb 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £148,995 | 24 Feb 2017 |
| Detached |
| Leasehold |
| Floor Area: 90 sq meters or 968 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 February 2017 the House Price Index for GREATER MANCHESTER was 114.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.973%.Applying this 30.973% change to the original purchase price of £148,995 results in an estimated price of approximately £195,143.
| 24 Feb 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 149.7 | 30.973 % | £148,995 | £46,148 | £195,143 |
The Postcode Pricing Model uses changes in average sales price within the OL8 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 | 69.600 % | £103,700 | £252,695 |
| 3 Month Average | 53.737 % | £80,065 | £229,060 |
| 6 Month Average | 55.459 % | £82,630 | £231,625 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Jul 2024 | £90,000 | £90,000 | 7 ACACIA ROAD |
| 22 Mar 2024 | £121,872 | £120,000 | 197 LIMESIDE ROAD |
| 12 Dec 2023 | £144,438 | £140,000 | 218 LIMESIDE ROAD |
| 23 Jun 2023 | £163,272 | £160,000 | 198 LIMESIDE ROAD |
| 27 Jan 2023 | £205,549 | £205,000 | 54 ROWAN TREE ROAD |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 9 Dec 2019. Using an estimated price of £195,144 means this house is valued at £2,168 per sq meter (£201 per sq foot).
The average size of a house on ROWAN TREE ROAD is 86 sq meters (934 sq feet).