£125,083
This estimated value is based upon the latest sale price for the house of £71,500 on 16 Jun 2006. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £71,500 | 16 Jun 2006 |
| Semi-Detached |
| Leasehold |
| Floor Area: 69 sq meters or 742 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 June 2006 the House Price Index for GREATER MANCHESTER was 85.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.941%.Applying this 74.941% change to the original purchase price of £71,500 results in an estimated price of approximately £125,083.
| 16 Jun 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.6 | 149.7 | 74.941 % | £71,500 | £53,583 | £125,083 |
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 | 48.906 % | £34,967 | £106,467 |
| 3 Month Average | 57.160 % | £40,869 | £112,369 |
| 6 Month Average | 58.549 % | £41,862 | £113,362 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 May 2024 | £130,000 | £130,000 | 29 DAVENTRY ROAD |
| 29 Sep 2023 | £189,170 | £185,000 | 17 AVONCLIFFE CLOSE |
| 16 Aug 2023 | £168,031 | £165,000 | 43 DOBBIN DRIVE |
| 6 May 2022 | £118,076 | £115,000 | 31 DOBBIN DRIVE |
| 24 Mar 2022 | £114,833 | £110,000 | 109 HARTLEY LANE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 28 Jan 2016. Using an estimated price of £125,083 means this house is valued at £1,812 per sq meter (£168 per sq foot).
The average size of a house on DOBBIN DRIVE is 69 sq meters (751 sq feet).