£152,766
This estimated value is based upon the latest sale price for the house of £87,500 on 24 Jun 2011. 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 |
|---|---|
| £87,500 | 24 Jun 2011 |
| £29,700 | 27 Sep 1996 |
| Terraced |
| Leasehold |
| Floor Area: 66 sq meters or 719 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 2011 the House Price Index for GREATER MANCHESTER was 85.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.591%.Applying this 74.591% change to the original purchase price of £87,500 results in an estimated price of approximately £152,766.
| 24 Jun 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.7 | 149.7 | 74.591 % | £87,500 | £65,266 | £152,766 |
The Postcode Pricing Model uses changes in average sales price within the OL15 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 | 186.270 % | £162,986 | £250,486 |
| 3 Month Average | 58.554 % | £51,235 | £138,735 |
| 6 Month Average | 53.259 % | £46,601 | £134,101 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Oct 2024 | £155,000 | £155,000 | 36 WHITEGATE |
| 9 Oct 2024 | £242,500 | £242,500 | 148 NEW ROAD |
| 29 Sep 2023 | £109,923 | £107,500 | 2 MAY PLACE |
| 15 Sep 2023 | £191,726 | £187,500 | 51 WHITEGATE |
| 4 Aug 2023 | £164,466 | £161,500 | 89 NEW ROAD |
This house has a floor area of 66 sq meters or 719 sq feet when measured on 11 Mar 2011. Using an estimated price of £152,767 means this house is valued at £2,286 per sq meter (£212 per sq foot).
The average size of a house on WHITEGATE is 82 sq meters (888 sq feet).