£123,223
This estimated value is based upon the latest sale price for the house of £100,000 on 22 May 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £100,000 | 22 May 2020 |
| Terraced |
| Freehold |
| Floor Area: 60 sq meters or 645 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 May 2020 the House Price Index for GREATER MANCHESTER was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.224%.Applying this 23.224% change to the original purchase price of £100,000 results in an estimated price of approximately £123,223.
| 22 May 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.224 % | £100,000 | £23,223 | £123,223 |
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 | 17.525 % | £17,524 | £117,524 |
| 3 Month Average | 27.739 % | £27,739 | £127,739 |
| 6 Month Average | 17.473 % | £17,472 | £117,472 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £169,297 | £165,000 | 33 CALDERBROOK ROAD |
| 20 Oct 2023 | £197,485 | £193,000 | 11 CALDERBROOK ROAD |
| 13 Oct 2023 | £130,463 | £127,500 | 8 LANESIDE CLOSE |
| 29 Sep 2023 | £132,930 | £130,000 | 13 MOUNT AVENUE |
| 9 Jun 2023 | £220,417 | £216,000 | ALEXANDRA HOUSE, 1 CALDERBROOK ROAD |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 21 Jul 2015. Using an estimated price of £123,224 means this house is valued at £2,053 per sq meter (£190 per sq foot).
The average size of a house on LANESIDE CLOSE is 97 sq meters (1,049 sq feet).