£181,914
This estimated value is based upon the latest sale price for the house of £169,500 on 22 Sep 2021. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £169,500 | 22 Sep 2021 |
| £250 | 8 Nov 2019 |
| £55,950 | 25 Feb 2000 |
| Semi-Detached |
| Leasehold |
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 September 2021 the House Price Index for GREATER MANCHESTER was 137.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 7.324%.Applying this 7.324% change to the original purchase price of £169,500 results in an estimated price of approximately £181,914.
| 22 Sep 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.0 | 7.324 % | £169,500 | £12,414 | £181,914 |
The Postcode Pricing Model uses changes in average sales price within the OL9 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 | -22.950 % | £-38,900 | £130,599 |
| 3 Month Average | -7.107 % | £-12,046 | £157,453 |
| 6 Month Average | -10.004 % | £-16,956 | £152,543 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £101,300 | £100,000 | FLAT 2 ST GEORGES VILLA BROADWAY |
| 20 Nov 2023 | £273,511 | £270,000 | 579 BROADWAY |
| 28 Apr 2023 | £252,880 | £251,000 | 557 BROADWAY |
| 17 Nov 2022 | £211,520 | £214,950 | 5 CHESNEY AVENUE |
| 5 Aug 2022 | £223,490 | £225,000 | 21 CHESNEY AVENUE |