£222,275
This estimated value is based upon the latest sale price for the house of £180,000 on 14 Sep 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £180,000 | 14 Sep 2018 |
| £82,000 | 4 May 2000 |
| £67,450 | 26 Jan 1996 |
| Detached |
| Leasehold |
| Floor Area: 72 sq meters or 775 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 September 2018 the House Price Index for GREATER MANCHESTER was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.487%.Applying this 23.487% change to the original purchase price of £180,000 results in an estimated price of approximately £222,275.
| 14 Sep 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.487 % | £180,000 | £42,275 | £222,275 |
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 | 43.131 % | £77,635 | £257,635 |
| 3 Month Average | 45.993 % | £82,787 | £262,787 |
| 6 Month Average | 35.742 % | £64,335 | £244,335 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Jul 2022 | £235,634 | £235,000 | 72 TAUNTON ROAD |
| 4 Apr 2022 | £180,215 | £175,000 | 7 CROWHILL COTTAGES TAUNTON ROAD |
| 31 Mar 2022 | £398,961 | £385,000 | 86 TAUNTON ROAD |
| 20 Dec 2021 | £171,420 | £160,000 | 101 TAUNTON ROAD |
| 1 Oct 2021 | £127,245 | £115,000 | 5 CROWHILL COTTAGES TAUNTON ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 3 Jul 2018. Using an estimated price of £222,276 means this house is valued at £3,087 per sq meter (£286 per sq foot).
The average size of a house on TAUNTON LAWNS is 84 sq meters (905 sq feet).