£276,496
This estimated value is based upon the latest sale price for the house of £268,000 on 18 Dec 2023. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £268,000 | 18 Dec 2023 |
| £180,000 | 17 Dec 2018 |
| £189,950 | 30 Apr 2015 |
| Detached |
| 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 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 £268,000 results in an estimated price of approximately £276,496.
| 18 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.1 | 149.7 | 3.170 % | £268,000 | £8,496 | £276,496 |
The Postcode Pricing Model uses changes in average sales price within the OL10 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 | 15.268 % | £40,918 | £308,918 |
| 3 Month Average | 18.184 % | £48,733 | £316,733 |
| 6 Month Average | -0.721 % | £-1,931 | £266,068 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £276,496 | £268,000 | 14 WEAVER CLOSE |
| 3 Nov 2023 | £203,157 | £198,000 | 97 ARGYLE STREET |
| 20 Oct 2023 | £186,741 | £182,500 | 25 WEAVER CLOSE |
| 30 Jan 2023 | £142,882 | £142,500 | 5 BALMORAL DRIVE |
| 23 Nov 2022 | £318,511 | £320,000 | 27 WEAVER CLOSE |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 17 May 2018. Using an estimated price of £276,496 means this house is valued at £2,941 per sq meter (£273 per sq foot).
The average size of a house on WEAVER CLOSE is 88 sq meters (950 sq feet).