£175,662
This estimated value is based upon the latest sale price for the house of £141,000 on 12 Apr 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £141,000 | 12 Apr 2019 |
| £123,000 | 3 Mar 2017 |
| £114,000 | 20 Apr 2012 |
| £116,500 | 22 Jul 2005 |
| £51,000 | 27 Aug 1999 |
| Semi-Detached |
| Freehold |
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 April 2019 the House Price Index for GREATER MANCHESTER was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.583%.Applying this 24.583% change to the original purchase price of £141,000 results in an estimated price of approximately £175,662.
| 12 Apr 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.583 % | £141,000 | £34,662 | £175,662 |
The Postcode Pricing Model uses changes in average sales price within the OL2 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 | 44.973 % | £63,411 | £204,411 |
| 3 Month Average | 47.378 % | £66,802 | £207,802 |
| 6 Month Average | 39.848 % | £56,185 | £197,185 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £243,173 | £237,000 | 138 GEORGE STREET |
| 10 Nov 2023 | £191,870 | £187,000 | 15 CROSSFIELD CLOSE |
| 30 Jun 2023 | £261,235 | £256,000 | 178 GEORGE STREET |
| 9 Jun 2023 | £106,637 | £104,500 | 206 GEORGE STREET |
| 31 Mar 2023 | £172,887 | £170,000 | 139 GEORGE STREET |