£197,585
This estimated value is based upon the latest sale price for the house of £131,500 on 5 Dec 2014. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £131,500 | 5 Dec 2014 |
| £45,000 | 30 Jun 1995 |
| Terraced |
| Leasehold |
| Floor Area: 127 sq meters or 1,367 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 December 2014 the House Price Index for GREATER MANCHESTER was 99.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.255%.Applying this 50.255% change to the original purchase price of £131,500 results in an estimated price of approximately £197,585.
| 5 Dec 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 149.7 | 50.255 % | £131,500 | £66,085 | £197,585 |
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 | 83.069 % | £109,235 | £240,735 |
| 3 Month Average | 46.048 % | £60,553 | £192,053 |
| 6 Month Average | 42.069 % | £55,320 | £186,820 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jul 2024 | £175,800 | £175,800 | 7 BEAUMONT CLOSE |
| 12 Jul 2024 | £195,000 | £195,000 | 155 FEATHERSTALL ROAD |
| 1 Dec 2023 | £257,926 | £250,000 | 167 FEATHERSTALL ROAD |
| 6 Nov 2023 | £171,350 | £167,000 | 15 BEAUMONT CLOSE |
| 19 Oct 2023 | £135,579 | £132,500 | 5 NEW ROAD |
This house has a floor area of 127 sq meters or 1,367 sq feet when measured on 27 Nov 2014. Using an estimated price of £197,586 means this house is valued at £1,555 per sq meter (£144 per sq foot).
The average size of a house on CECIL STREET is 106 sq meters (1,146 sq feet).