£258,304
This estimated value is based upon the latest sale price for the house of £72,000 on 25 Jan 2001. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £72,000 | 25 Jan 2001 |
| £60,000 | 26 Jan 1998 |
| £63,000 | 1 Aug 1995 |
| Terraced |
| Leasehold |
| Floor Area: 94 sq meters or 1,011 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 2001 the House Price Index for GREATER MANCHESTER was 41.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 258.756%.Applying this 258.756% change to the original purchase price of £72,000 results in an estimated price of approximately £258,304.
| 25 Jan 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 41.7 | 149.7 | 258.756 % | £72,000 | £186,304 | £258,304 |
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 | 298.312 % | £214,784 | £286,784 |
| 3 Month Average | 204.074 % | £146,933 | £218,933 |
| 6 Month Average | 201.183 % | £144,851 | £216,851 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Aug 2024 | £290,000 | £290,000 | 153 CALDERBROOK ROAD |
| 29 Sep 2023 | £132,930 | £130,000 | 13 MOUNT AVENUE |
| 1 Aug 2023 | £183,255 | £179,950 | 3 CLAY CROFT TERRACE |
| 29 Jul 2022 | £181,822 | £180,000 | 7 MOORFIELD AVENUE |
| 6 Jul 2022 | £161,619 | £160,000 | 100 CALDERBROOK ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 11 Nov 2017. Using an estimated price of £258,304 means this house is valued at £2,747 per sq meter (£255 per sq foot).
The average size of a house on BALLARD CLOSE is 86 sq meters (931 sq feet).