£1,078,401
This estimated value is based upon the latest sale price for the house of £178,000 on 16 Jan 2024. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £178,000 | 16 Jan 2024 |
| £134,950 | 14 Jul 2006 |
| Terraced |
| Freehold |
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 January 2024 the House Price Index for GREATER MANCHESTER was 24.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 505.844%.Applying this 505.844% change to the original purchase price of £178,000 results in an estimated price of approximately £1,078,401.
| 16 Jan 2024 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 148.0 | 505.844 % | £178,000 | £900,401 | £1,078,401 |
The Postcode Pricing Model uses changes in average sales price within the OL9 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 | -26.472 % | £-47,120 | £130,879 |
| 3 Month Average | -8.774 % | £-15,618 | £162,381 |
| 6 Month Average | -5.084 % | £-9,049 | £168,950 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £120,734 | £120,000 | 756C MIDDLETON ROAD |
| 31 Mar 2023 | £422,283 | £420,000 | 15 PARKSIDE FARM COPTIC ROAD |
| 24 Feb 2023 | £238,870 | £240,000 | 21 PARKSIDE FARM COPTIC ROAD |
| 22 Jul 2022 | £211,714 | £212,000 | 24 CHADDERTON PARK ROAD |
| 18 Mar 2022 | £196,095 | £190,000 | 3 SEVERN ROAD |