£431,232
This estimated value is based upon the latest sale price for the house of £268,000 on 17 Jan 2014. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £268,000 | 17 Jan 2014 |
| Detached |
| Leasehold |
| Floor Area: 135 sq meters or 1,453 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 January 2014 the House Price Index for GREATER MANCHESTER was 93.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 60.908%.Applying this 60.908% change to the original purchase price of £268,000 results in an estimated price of approximately £431,232.
| 17 Jan 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.0 | 149.7 | 60.908 % | £268,000 | £163,232 | £431,232 |
The Postcode Pricing Model uses changes in average sales price within the OL11 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 | 51.140 % | £137,054 | £405,054 |
| 3 Month Average | 49.378 % | £132,332 | £400,332 |
| 6 Month Average | 54.393 % | £145,773 | £413,773 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £384,767 | £375,000 | 2 WOODCOCK CLOSE |
| 22 Jun 2023 | £543,390 | £532,500 | 2 FULMAR GARDENS |
| 10 Aug 2022 | £286,339 | £285,000 | 3 SWALLOW DRIVE |
| 18 May 2022 | £528,776 | £515,000 | 10 NORTHDENE DRIVE |
| 8 Mar 2022 | £335,103 | £321,000 | 1 WOODCOCK CLOSE |
This house has a floor area of 135 sq meters or 1,453 sq feet when measured on 6 Feb 2013. Using an estimated price of £431,233 means this house is valued at £3,194 per sq meter (£296 per sq foot).
The average size of a house on WOODCOCK CLOSE is 140 sq meters (1,511 sq feet).