£138,233
This estimated value is based upon the latest sale price for the house of £112,500 on 16 Jan 2020. 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 |
|---|---|
| £112,500 | 16 Jan 2020 |
| £94,000 | 12 Dec 2014 |
| £71,000 | 19 Jan 2007 |
| Terraced |
| Leasehold |
| Floor Area: 62 sq meters or 667 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 January 2020 the House Price Index for GREATER MANCHESTER was 121.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £112,500 results in an estimated price of approximately £138,233.
| 16 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 149.7 | 22.874 % | £112,500 | £25,733 | £138,233 |
The Postcode Pricing Model uses changes in average sales price within the OL8 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 | 113.318 % | £127,482 | £239,982 |
| 3 Month Average | 45.128 % | £50,768 | £163,268 |
| 6 Month Average | 32.786 % | £36,883 | £149,383 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £116,794 | £115,000 | 183 HERON STREET |
| 29 Sep 2023 | £125,773 | £123,000 | 219 HERON STREET |
| 18 Aug 2023 | £153,773 | £151,000 | 223 HERON STREET |
| 10 Mar 2023 | £284,755 | £280,000 | 5 LOW VALE DRIVE |
| 13 Apr 2022 | £101,667 | £98,000 | 206 HERON STREET |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 2 Sep 2019. Using an estimated price of £138,234 means this house is valued at £2,229 per sq meter (£207 per sq foot).
The average size of a house on HERON STREET is 78 sq meters (839 sq feet).