£126,565
This estimated value is based upon the latest sale price for the house of £122,000 on 22 Apr 2022. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£122,000 | 22 Apr 2022 |
Terraced |
Freehold |
Floor Area: 106 sq meters or 1,140 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 April 2022 the House Price Index for GREATER MANCHESTER was 144.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.742%.Applying this 3.742% change to the original purchase price of £122,000 results in an estimated price of approximately £126,565.
22 Apr 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
144.3 | 149.7 | 3.742 % | £122,000 | £4,565 | £126,565 |
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 | -19.131 % | £-23,339 | £98,660 |
3 Month Average | 10.890 % | £13,285 | £135,285 |
6 Month Average | 14.575 % | £17,781 | £139,781 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Aug 2024 | £290,000 | £290,000 | 153 CALDERBROOK ROAD |
28 Jun 2024 | £200,000 | £200,000 | 4 SPRINGFIELD AVENUE |
29 Sep 2023 | £132,930 | £130,000 | 13 MOUNT AVENUE |
1 Aug 2023 | £183,255 | £179,950 | 3 CLAY CROFT TERRACE |
6 Jul 2022 | £161,619 | £160,000 | 100 CALDERBROOK ROAD |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 11 Jan 2016. Using an estimated price of £126,565 means this house is valued at £1,194 per sq meter (£110 per sq foot).
The average size of a house on CALDERBROOK ROAD is 98 sq meters (1,064 sq feet).