£223,928
This estimated value is based upon the latest sale price for the house of £122,446 on 12 Dec 2008. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £122,446 | 12 Dec 2008 |
| Flats/Maisonettes |
| 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 December 2008 the House Price Index for GREATER MANCHESTER was 81.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 82.879%.Applying this 82.879% change to the original purchase price of £122,446 results in an estimated price of approximately £223,928.
| 12 Dec 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.9 | 149.7 | 82.879 % | £122,446 | £101,482 | £223,928 |
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 | 179.048 % | £219,237 | £341,683 |
| 3 Month Average | 106.568 % | £130,488 | £252,934 |
| 6 Month Average | 84.115 % | £102,995 | £225,441 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Aug 2023 | £147,663 | £145,000 | APARTMENT 7 2 PAPERHOUSE CLOSE |
| 9 Feb 2023 | £153,022 | £152,000 | APARTMENT 5 3 PAPERHOUSE CLOSE |
| 29 Jul 2022 | £150,508 | £149,000 | APARTMENT 3 2 PAPERHOUSE CLOSE |
| 27 May 2022 | £256,687 | £250,000 | 3 COAL BANK FOLD |
| 19 Apr 2022 | £285,291 | £275,000 | 30B HUTCHINSON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Mill Croft Close |