£123,137
This estimated value is based upon the latest sale price for the house of £80,000 on 3 Jul 2014. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £80,000 | 3 Jul 2014 |
| £38,000 | 5 May 1995 |
| Semi-Detached |
| Leasehold |
| Floor Area: 90 sq meters or 968 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 July 2014 the House Price Index for GREATER MANCHESTER was 97.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 53.921%.Applying this 53.921% change to the original purchase price of £80,000 results in an estimated price of approximately £123,137.
| 3 Jul 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 149.7 | 53.921 % | £80,000 | £43,137 | £123,137 |
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 | 157.058 % | £125,646 | £205,646 |
| 3 Month Average | 68.977 % | £55,181 | £135,181 |
| 6 Month Average | 59.160 % | £47,328 | £127,328 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £102,605 | £100,000 | 19 BARNES MEADOWS |
| 31 Aug 2023 | £239,316 | £235,000 | 17 CHELBURN VIEW |
| 4 Aug 2023 | £199,600 | £196,000 | 6 PAUL ROW |
| 3 Mar 2023 | £138,310 | £136,000 | 18 DRAKE ROAD |
| 17 Feb 2023 | £156,042 | £155,000 | 11 FROBISHER ROAD |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 21 Apr 2009. Using an estimated price of £123,137 means this house is valued at £1,368 per sq meter (£127 per sq foot).
The average size of a house on FROBISHER ROAD is 85 sq meters (918 sq feet).
This house is the largest in the street with a floor area of 90 sq meters (968 sq feet).