£205,972
This estimated value is based upon the latest sale price for the house of £152,250 on 16 May 2016. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £152,250 | 16 May 2016 |
| £59,950 | 27 Aug 1998 |
| Detached |
| Leasehold |
| Floor Area: 79 sq meters or 850 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 May 2016 the House Price Index for GREATER MANCHESTER was 110.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 35.286%.Applying this 35.286% change to the original purchase price of £152,250 results in an estimated price of approximately £205,972.
| 16 May 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 149.7 | 35.286 % | £152,250 | £53,722 | £205,972 |
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 | 9.571 % | £14,572 | £166,822 |
| 3 Month Average | 40.972 % | £62,379 | £214,629 |
| 6 Month Average | 49.562 % | £75,457 | £227,707 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Apr 2024 | £201,752 | £200,000 | 163 LEANDER DRIVE |
| 13 Oct 2023 | £204,648 | £200,000 | 47 VICARAGE ROAD NORTH |
| 6 Oct 2023 | £327,437 | £320,000 | 37 LEANDER DRIVE |
| 13 Jan 2023 | £275,737 | £275,000 | 116 LEANDER DRIVE |
| 4 Jan 2023 | £190,509 | £190,000 | 11 ST GABRIELS CLOSE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 18 May 2015. Using an estimated price of £205,972 means this house is valued at £2,607 per sq meter (£242 per sq foot).
The average size of a house on LEANDER DRIVE is 93 sq meters (1,005 sq feet).