£268,242
This estimated value is based upon the latest sale price for the house of £260,000 on 1 Dec 2023. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £260,000 | 1 Dec 2023 |
| £130,000 | 26 Jan 2012 |
| £162,500 | 6 Jun 2007 |
| Semi-Detached |
| Leasehold |
| Floor Area: 64 sq meters or 696 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 2023 the House Price Index for GREATER MANCHESTER was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £260,000 results in an estimated price of approximately £268,242.
| 1 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.1 | 149.7 | 3.170 % | £260,000 | £8,242 | £268,242 |
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 | 69.065 % | £179,569 | £439,569 |
| 3 Month Average | -2.277 % | £-5,919 | £254,080 |
| 6 Month Average | 7.762 % | £20,181 | £280,181 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jul 2024 | £175,800 | £175,800 | 7 BEAUMONT CLOSE |
| 1 Dec 2023 | £268,243 | £260,000 | 14 SYCAMORE CLOSE |
| 3 Nov 2023 | £241,121 | £235,000 | 4 SYCAMORE CLOSE |
| 27 Oct 2023 | £235,345 | £230,000 | 149 STARRING WAY |
| 20 Oct 2023 | £301,856 | £295,000 | 11 LIME GROVE |
This house has a floor area of 64 sq meters or 696 sq feet when measured on 28 Oct 2011. Using an estimated price of £268,243 means this house is valued at £4,145 per sq meter (£385 per sq foot).
The average size of a house on SYCAMORE CLOSE is 85 sq meters (923 sq feet).