£214,898
This estimated value is based upon the latest sale price for the house of £188,000 on 10 Dec 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £188,000 | 10 Dec 2020 |
| £160,000 | 2 Mar 2018 |
| £127,000 | 3 Mar 2006 |
| £109,000 | 15 Jul 2005 |
| £49,000 | 16 Feb 1996 |
| Semi-Detached |
| Leasehold |
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 2020 the House Price Index for GREATER MANCHESTER was 129.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 14.308%.Applying this 14.308% change to the original purchase price of £188,000 results in an estimated price of approximately £214,898.
| 10 Dec 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.0 | 14.308 % | £188,000 | £26,898 | £214,898 |
The Postcode Pricing Model uses changes in average sales price within the OL9 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 | -16.768 % | £-31,523 | £156,476 |
| 3 Month Average | 1.642 % | £3,087 | £191,087 |
| 6 Month Average | 10.078 % | £18,946 | £206,946 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £132,507 | £130,000 | 1028 MIDDLETON ROAD |
| 18 Aug 2023 | £196,193 | £195,000 | 25 MELLING AVENUE |
| 14 Jul 2023 | £277,626 | £275,000 | 10 CLOUGHS AVENUE |
| 16 Sep 2022 | £172,897 | £175,000 | 1139 MIDDLETON ROAD |
| 26 May 2022 | £162,414 | £160,000 | 1119 MIDDLETON ROAD |