£251,694
This estimated value is based upon the latest sale price for the house of £195,000 on 7 Jun 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £195,000 | 7 Jun 2017 |
| Detached |
| Leasehold |
| Floor Area: 118 sq meters or 1,270 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 2017 the House Price Index for GREATER MANCHESTER was 116.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.074%.Applying this 29.074% change to the original purchase price of £195,000 results in an estimated price of approximately £251,694.
| 7 Jun 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 149.7 | 29.074 % | £195,000 | £56,694 | £251,694 |
The Postcode Pricing Model uses changes in average sales price within the OL12 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 | 104.862 % | £204,480 | £399,480 |
| 3 Month Average | 60.046 % | £117,089 | £312,089 |
| 6 Month Average | 63.179 % | £123,199 | £318,199 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £290,000 | £290,000 | 3 PATTISON CLOSE |
| 26 Apr 2024 | £292,540 | £290,000 | 7 HARWIN CLOSE |
| 8 Dec 2023 | £189,833 | £184,000 | 5 TURNPIKE CLOSE |
| 23 Jun 2023 | £179,599 | £176,000 | 301 SHAWCLOUGH ROAD |
| 18 Apr 2023 | £107,001 | £105,000 | 47 DELL ROAD |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 11 May 2016. Using an estimated price of £251,694 means this house is valued at £2,133 per sq meter (£198 per sq foot).
The average size of a house on HARWIN CLOSE is 132 sq meters (1,428 sq feet).