£432,362
This estimated value is based upon the latest sale price for the house of £228,000 on 19 Nov 2004. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £228,000 | 19 Nov 2004 |
| £120,500 | 2 Mar 1995 |
| Detached |
| Leasehold |
| Floor Area: 143 sq meters or 1,539 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 November 2004 the House Price Index for GREATER MANCHESTER was 78.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 89.633%.Applying this 89.633% change to the original purchase price of £228,000 results in an estimated price of approximately £432,362.
| 19 Nov 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.9 | 149.7 | 89.633 % | £228,000 | £204,362 | £432,362 |
The Postcode Pricing Model uses changes in average sales price within the OL16 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 | 102.016 % | £232,596 | £460,596 |
| 3 Month Average | 68.362 % | £155,866 | £383,866 |
| 6 Month Average | 78.789 % | £179,638 | £407,638 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £45,394 | £45,000 | 43 JOHN STREET |
| 31 Jan 2023 | £232,622 | £232,000 | 13 WHEELWRIGHT DRIVE |
| 12 Sep 2022 | £349,766 | £350,000 | 83 TARNSIDE CLOSE |
| 29 Jul 2022 | £449,504 | £445,000 | 6 WHEELWRIGHT DRIVE |
| 29 Jul 2022 | £363,644 | £360,000 | 12 CARRINGTON CLOSE |
This house has a floor area of 143 sq meters or 1,539 sq feet when measured on 23 Jul 2012. Using an estimated price of £432,363 means this house is valued at £3,023 per sq meter (£280 per sq foot).
The average size of a house on CARRINGTON CLOSE is 169 sq meters (1,829 sq feet).
This house is the largest in the street with a floor area of 143 sq meters (1,539 sq feet).