£179,763
This estimated value is based upon the latest sale price for the house of £159,950 on 27 Aug 2021. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£159,950 | 27 Aug 2021 |
£39,000 | 3 Nov 2000 |
Terraced |
Freehold |
Floor Area: 45 sq meters or 484 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 August 2021 the House Price Index for GREATER MANCHESTER was 133.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 12.387%.Applying this 12.387% change to the original purchase price of £159,950 results in an estimated price of approximately £179,763.
27 Aug 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
133.2 | 149.7 | 12.387 % | £159,950 | £19,813 | £179,763 |
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 | 39.715 % | £63,524 | £223,474 |
3 Month Average | -1.758 % | £-2,811 | £157,138 |
6 Month Average | -14.873 % | £-23,788 | £136,161 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Aug 2024 | £290,000 | £290,000 | 153 CALDERBROOK ROAD |
28 Jun 2024 | £200,000 | £200,000 | 4 SPRINGFIELD AVENUE |
29 Sep 2023 | £132,930 | £130,000 | 13 MOUNT AVENUE |
1 Aug 2023 | £183,255 | £179,950 | 3 CLAY CROFT TERRACE |
26 Jan 2023 | £141,378 | £141,000 | 18 CALDER AVENUE |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 2 Apr 2013. Using an estimated price of £179,764 means this house is valued at £3,994 per sq meter (£371 per sq foot).
The average size of a house on CLOUGH ROAD is 74 sq meters (802 sq feet).
This house is the smallest in the street with a floor area of 45 sq meters (484 sq feet).