£169,268
This estimated value is based upon the latest sale price for the house of £84,000 on 7 May 2004. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £84,000 | 7 May 2004 |
| £47,000 | 7 Jun 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 2004 the House Price Index for GREATER MANCHESTER was 73.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 101.510%.Applying this 101.510% change to the original purchase price of £84,000 results in an estimated price of approximately £169,268.
| 7 May 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 73.7 | 148.6 | 101.510 % | £84,000 | £85,268 | £169,268 |
The Postcode Pricing Model uses changes in average sales price within the OL7 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 | 140.332 % | £117,879 | £201,879 |
| 3 Month Average | 147.289 % | £123,723 | £207,723 |
| 6 Month Average | 144.018 % | £120,975 | £204,975 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £101,503 | £100,000 | 26 CONISTON GROVE |
| 25 Aug 2023 | £136,191 | £135,000 | 42 KEANE STREET |
| 14 Jul 2023 | £223,001 | £220,000 | 29 BUTTERMERE ROAD |
| 3 Jul 2023 | £177,387 | £175,000 | 21 TAUNTON ROAD |
| 29 Mar 2023 | £176,664 | £175,000 | 18 GLENTHORNE DRIVE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 16 Jul 2014. Using an estimated price of £169,268 means this house is valued at £2,039 per sq meter (£189 per sq foot).
The average size of a house on BUTTERMERE ROAD is 100 sq meters (1,081 sq feet).