£208,961
This estimated value is based upon the latest sale price for the house of £197,795 on 18 Feb 2022. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£197,795 | 18 Feb 2022 |
£116,500 | 3 Jun 2010 |
Terraced |
Leasehold |
Floor Area: 94 sq meters or 1,011 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 2022 the House Price Index for GREATER MANCHESTER was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £197,795 results in an estimated price of approximately £208,961.
18 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.7 | 149.7 | 5.646 % | £197,795 | £11,166 | £208,961 |
The Postcode Pricing Model uses changes in average sales price within the OL11 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 | -14.669 % | £-29,015 | £168,779 |
3 Month Average | -0.544 % | £-1,076 | £196,718 |
6 Month Average | 6.330 % | £12,519 | £210,314 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Mar 2024 | £187,379 | £184,500 | 16 PLEASANT STREET |
25 Oct 2023 | £108,463 | £106,000 | 63 PARTINGTON STREET |
2 Oct 2023 | £204,648 | £200,000 | 2 MANCHET STREET |
17 Mar 2023 | £148,480 | £146,000 | 19 CASTLEWAY |
11 Nov 2022 | £423,022 | £425,000 | 1 SACKVILLE STREET |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 19 Nov 2021. Using an estimated price of £208,962 means this house is valued at £2,223 per sq meter (£206 per sq foot).
The average size of a house on HEYWOOD ROAD is 107 sq meters (1,152 sq feet).