£129,219
This estimated value is based upon the latest sale price for the house of £86,000 on 19 Dec 2014. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £86,000 | 19 Dec 2014 |
| £70,000 | 31 Oct 2007 |
| Semi-Detached |
| Leasehold |
| Floor Area: 76 sq meters or 818 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 2014 the House Price Index for GREATER MANCHESTER was 99.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.255%.Applying this 50.255% change to the original purchase price of £86,000 results in an estimated price of approximately £129,219.
| 19 Dec 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 149.7 | 50.255 % | £86,000 | £43,219 | £129,219 |
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 | 66.238 % | £56,964 | £142,964 |
| 3 Month Average | 37.980 % | £32,662 | £118,662 |
| 6 Month Average | 47.913 % | £41,204 | £127,204 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £190,000 | £190,000 | 201 QUEENSWAY |
| 17 Oct 2023 | £219,997 | £215,000 | 9 DUNLOP AVENUE |
| 25 Aug 2023 | £208,765 | £205,000 | 17 DUNLOP AVENUE |
| 18 Aug 2023 | £203,673 | £200,000 | 10 DUNLOP AVENUE |
| 12 Jun 2023 | £224,499 | £220,000 | 1 DUNLOP AVENUE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 11 Sep 2014. Using an estimated price of £129,220 means this house is valued at £1,700 per sq meter (£157 per sq foot).
The average size of a house on HARTLEY LANE is 96 sq meters (1,037 sq feet).