£226,376
This estimated value is based upon the latest sale price for the house of £225,000 on 4 Aug 2023. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £225,000 | 4 Aug 2023 |
| £147,000 | 27 Jun 2008 |
| Semi-Detached |
| Leasehold |
| Floor Area: 49 sq meters or 527 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 August 2023 the House Price Index for GREATER MANCHESTER was 147.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.612%.Applying this 0.612% change to the original purchase price of £225,000 results in an estimated price of approximately £226,376.
| 4 Aug 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.1 | 148.0 | 0.612 % | £225,000 | £1,376 | £226,376 |
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 | -5.626 % | £-12,659 | £212,340 |
| 3 Month Average | -7.755 % | £-17,449 | £207,550 |
| 6 Month Average | 4.039 % | £9,087 | £234,087 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £155,948 | £155,000 | 25A LAKEBANK |
| 4 Aug 2023 | £226,377 | £225,000 | 21 HIGHER CLEGGSWOOD AVENUE |
| 14 Jul 2023 | £262,483 | £260,000 | 27 CLEGGSWOOD AVENUE |
| 27 Apr 2023 | £322,396 | £320,000 | 47 CLEGGSWOOD AVENUE |
| 16 Feb 2023 | £199,059 | £200,000 | 35 CLEGGSWOOD AVENUE |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 10 May 2017. Using an estimated price of £226,377 means this house is valued at £4,619 per sq meter (£429 per sq foot).
The average size of a house on HIGHER CLEGGSWOOD AVENUE is 77 sq meters (839 sq feet).
This house is the smallest in the street with a floor area of 49 sq meters (527 sq feet).