£204,737
This estimated value is based upon the latest sale price for the house of £118,500 on 8 Feb 2012. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £118,500 | 8 Feb 2012 |
| Semi-Detached |
| Leasehold |
| Floor Area: 36 sq meters or 392 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 February 2012 the House Price Index for GREATER MANCHESTER was 86.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.774%.Applying this 72.774% change to the original purchase price of £118,500 results in an estimated price of approximately £204,737.
| 8 Feb 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 149.7 | 72.774 % | £118,500 | £86,237 | £204,737 |
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 | 112.621 % | £133,455 | £251,955 |
| 3 Month Average | 65.842 % | £78,022 | £196,522 |
| 6 Month Average | 72.288 % | £85,661 | £204,161 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Nov 2023 | £353,986 | £345,000 | HOLLYBANK HALIFAX ROAD |
| 22 Sep 2023 | £210,643 | £206,000 | 5 THIMBLE CLOSE |
| 19 Sep 2023 | £198,373 | £194,000 | 55 THIMBLE CLOSE |
| 25 Aug 2023 | £142,571 | £140,000 | 58 BOWER AVENUE |
| 28 Apr 2023 | £180,374 | £177,000 | 43 THIMBLE CLOSE |
This house has a floor area of 36 sq meters or 392 sq feet when measured on 8 Aug 2011. Using an estimated price of £204,737 means this house is valued at £5,609 per sq meter (£521 per sq foot).
The average size of a house on THIMBLE CLOSE is 80 sq meters (867 sq feet).
This house is the smallest in the street with a floor area of 36 sq meters (392 sq feet).