£179,577
This estimated value is based upon the latest sale price for the house of £31,950 on 27 Jan 1995. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £31,950 | 27 Jan 1995 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 January 1995 the House Price Index for GREATER MANCHESTER was 26.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 462.059%.Applying this 462.059% change to the original purchase price of £31,950 results in an estimated price of approximately £179,577.
| 27 Jan 1995 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.6 | 149.7 | 462.059 % | £31,950 | £147,627 | £179,577 |
The Postcode Pricing Model uses changes in average sales price within the OL10 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 | 474.482 % | £151,597 | £183,547 |
| 3 Month Average | 400.311 % | £127,899 | £159,849 |
| 6 Month Average | 378.937 % | £121,070 | £153,020 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Mar 2024 | £134,060 | £132,000 | 12 KENT WALK |
| 18 Dec 2023 | £276,496 | £268,000 | 14 WEAVER CLOSE |
| 3 Nov 2023 | £203,157 | £198,000 | 97 ARGYLE STREET |
| 20 Oct 2023 | £186,741 | £182,500 | 25 WEAVER CLOSE |
| 30 Jun 2023 | £150,516 | £147,500 | 24 DURHAM WALK |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 28 Apr 2016. Using an estimated price of £179,578 means this house is valued at £2,137 per sq meter (£198 per sq foot).
The average size of a house on BALLATER CLOSE is 95 sq meters (1,031 sq feet).