£186,617
This estimated value is based upon the latest sale price for the house of £149,950 on 18 Mar 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£149,950 | 18 Mar 2019 |
£122,000 | 12 May 2017 |
£52,500 | 17 Oct 1997 |
£52,000 | 28 Apr 1995 |
Semi-Detached |
Freehold |
Floor Area: 54 sq meters or 581 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 March 2019 the House Price Index for GREATER MANCHESTER was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.453%.Applying this 24.453% change to the original purchase price of £149,950 results in an estimated price of approximately £186,617.
18 Mar 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.453 % | £149,950 | £36,667 | £186,617 |
The Postcode Pricing Model uses changes in average sales price within the OL8 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 | 69.501 % | £104,216 | £254,166 |
3 Month Average | 48.601 % | £72,876 | £222,826 |
6 Month Average | 38.161 % | £57,221 | £207,171 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £105,170 | £102,500 | 8 ARGUS STREET |
3 Oct 2023 | £204,648 | £200,000 | 29 FOXFIELD DRIVE |
28 Sep 2023 | £296,537 | £290,000 | 11 FOX PARK ROAD |
15 Mar 2023 | £249,161 | £245,000 | 20 SEVERN ROAD |
29 Apr 2022 | £217,859 | £210,000 | 459 ROMAN ROAD |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 16 Mar 2016. Using an estimated price of £186,618 means this house is valued at £3,455 per sq meter (£321 per sq foot).
The average size of a house on FOXFIELD DRIVE is 66 sq meters (714 sq feet).
This house is the smallest in the street with a floor area of 54 sq meters (581 sq feet).