£58,193
This estimated value is based upon the latest sale price for the house of £23,040 on 16 Dec 2002. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £23,040 | 16 Dec 2002 |
| Semi-Detached |
| Freehold |
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 2002 the House Price Index for GREATER MANCHESTER was 58.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 152.576%.Applying this 152.576% change to the original purchase price of £23,040 results in an estimated price of approximately £58,193.
| 16 Dec 2002 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 58.6 | 148.0 | 152.576 % | £23,040 | £35,153 | £58,193 |
The Postcode Pricing Model uses changes in average sales price within the OL2 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 | 144.621 % | £33,320 | £56,360 |
| 3 Month Average | 181.302 % | £41,771 | £64,811 |
| 6 Month Average | 310.158 % | £71,460 | £94,500 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £175,568 | £174,500 | 332 MIDDLETON ROAD |
| 3 Feb 2023 | £189,106 | £190,000 | 2 LYNMOUTH AVENUE |
| 4 Apr 2022 | £102,564 | £100,000 | 329 MIDDLETON ROAD |
| 18 Mar 2022 | £291,046 | £282,000 | 26 ALPINE DRIVE |
| 16 Mar 2022 | £224,477 | £217,500 | 2 LYNTON AVENUE |