£302,815
This estimated value is based upon the latest sale price for the house of £266,000 on 14 May 2021. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £266,000 | 14 May 2021 |
| £235,000 | 31 Jan 2014 |
| Detached |
| Leasehold |
| Floor Area: 118 sq meters or 1,270 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 May 2021 the House Price Index for GREATER MANCHESTER was 131.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 13.840%.Applying this 13.840% change to the original purchase price of £266,000 results in an estimated price of approximately £302,815.
| 14 May 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 131.5 | 149.7 | 13.840 % | £266,000 | £36,815 | £302,815 |
The Postcode Pricing Model uses changes in average sales price within the OL1 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 | -50.587 % | £-134,561 | £131,438 |
| 3 Month Average | 8.744 % | £23,258 | £289,258 |
| 6 Month Average | 10.369 % | £27,581 | £293,581 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £233,938 | £228,000 | 10 JOHNSTONE CLOSE |
| 29 Sep 2023 | £132,930 | £130,000 | 16 KENWOOD ROAD |
| 16 Aug 2023 | £250,518 | £246,000 | 56 FURTHERWOOD ROAD |
| 30 Jun 2023 | £150,006 | £147,000 | 135 BOUNDARY PARK ROAD |
| 23 Jun 2023 | £151,027 | £148,000 | 133 BOUNDARY PARK ROAD |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 19 Mar 2014. Using an estimated price of £302,815 means this house is valued at £2,566 per sq meter (£238 per sq foot).
The average size of a house on BOUNDARY DRIVE is 113 sq meters (1,223 sq feet).
This house is the largest in the street with a floor area of 118 sq meters (1,270 sq feet).